Quote:
Originally Posted by Roughneck
The problem is neither side agree on what 33% is.
Remember the city feels they already had a deal that was 33%, while CSEC feel the deal was 0%. Similarly the deal CSEC thought was 50/50 the City felt was 0%.
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yup; that was an issue wrt to the property taxes iirc
again, personally, i see property tax simply as a function of what businesses and people pay normally; i don't see it as loan repayment.
if the CESC are seeking a deal w/o property tax, that's fine, but i just don't like the way they imply its loan repayment...I think most other property tax payers in the city of calgary are not repaying anything back to the City