Quote:
Originally Posted by Travis Munroe
I stand by my point that an arena is millions each year in income for the city that they would not have otherwise had. Period.
|
Do you think this applies to a new arena replacing the 'dome too?
I don't think anyone is really disputing that there is significant economic activity related to an arena. The question is whether it is worth a 9 figure investment + special annual exemptions compared to other businesses...
FWIW my personal limit is a one-time $99M city contribution (be it land, cash, or otherwise). CSEC owns building, covers maintenance, and pays property taxes. Unrealistic, but IMO it's a more than fair subsidy.