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Originally Posted by Jordan!
Not entirely accurate, or close to it. The Coyotes are offering to pay for the remediation.. I suspect you didn't watch their Tempe Council presentation??
They do want GPLET tax incentive and the ability to tax funds spent at the arena/district but the City of Tempe isn't paying for the arena.
There will be public money needed for infrastructure and other things but to compare The Flames project and the Tempe project are apples and oranges. Murray Edwards WAS looking for a massive handout.The Coyotes are financing the entire project outside of necessary infrastructure for the District to exist.
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A massive government handout. The Flames, or any team in Canada, aren't allowed to do this. Please explain how a private firm can create their own tax grab and it not be considered a tax handout?
I agree it is a good plan but don't conflate the two tax systems.