Quote:
Originally Posted by sureLoss
The city was wiling to contribute $185 million towards the arena, so the city does see public benefit.
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The public benefit in that instance is the revenue stream provided by a new privately owned arena (vs. the old publicly owned arena).
Quote:
Originally Posted by sureLoss
The largest rift between the two sides as I see it right now is how the city and taxpayers recover their contributions.
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Well... yeah. Unfortunately the answer from CSEC is: "in no way whatsoever". If they can find some way to recoup the cities investment in dollars that would be ideal. If CSEC is going to continue to be obstinate on repayment in dollars then CSEC is going to have to find some way to reimburse us the money in public services.