Quote:
Originally Posted by TheScorpion
So basically what Staples is saying is that the $155.1 million "facility fee" actually constitutes the majority of CSEC's $275 million contribution to the deal?
My understanding was that it was entirely separate and recouped after-the-fact...? CSEC is paying $275 million PLUS that fee, right?
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Yes based on what is being reported so far CSEC is giving a cash contribution of $275 million.
The city is getting the facility fee themselves as a method to recoup some of their contribution.
https://twitter.com/user/status/1154056300482838530