Quote:
Originally Posted by Parallex
...
The Flames proposal doesn't have them pay any rent. None, Zip, Zero, Nada, Nothing. They offered to prepay their rent but other then that their deal IS the Katz deal (with a whole bunch of other valuable goodies thrown in and zero committmetn to build anything in the CRL zone that would pay any property tax) So of course they would have taken the Oilers' deal in a blink of an eye... that's basically the deal they're demanding.
|
You and a whole bunch of others keep pushing this idea that the Flames owe something big to the City here and therefore must pony up more. They don't. In fact, they had proved that staying here was a choice for the owners rather than pure business/money, when it was really tough.
Calgary Flames are not property developers and they do not have aspirations to develop the lands around the arena. They merely suggested that it would be expected to come along. The City of Calgary through its development company (CMLC) can develop the area into something spectacular, if the market is right and if the investment into the area is supported (e.g East Village). This is a tenant-landlord relationship, in which a tenant (an entertainment company) offered to renew the lease only if the landlord kicks in some money; otherwise it will not renew. Landlord said - I will not do that, you can leave. Tenant said: OK, I will leave then. This is a very predictable outcome. What else do you reasonably expect?