The 1/3 1/3 1/3 model doesn't involve the 200m already put aside by the city for a fieldhouse, correct? So if the city and CSEC can agree on how the city is paid back their 1/3, we are extremely close to a new arena and fieldhouse?
Has the city given any commitment to a major renovation or rebuild of McMahon? Why not give the city the repayment they want through an arena lease if they in turn contribute towards the McMahon project or tell CSEC they are fine without the arena lease or profit sharing if they rebuild/major renovation of McMahon which then increases taxes in the area of the stadium and arena further benefiting the city at almost 2x the arena only model.
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