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Locke · 09-15-2017, 09:28 AM

I think the sticking point has to be the repayment of the City's 1/3.

I gather its not structured as a loan but rather expected to be recouped in Property Taxes, which is much more reasonable.

So then the question is whether King's comments about CSEC paying for all of it is in reference to having to pay Property Taxes.

So it doesnt appear to be structured as a loan, but they have to pay Property Taxes in lieu of their current $1/year deal.

09-15-2017, 09:28 AM	#426
Locke Franchise Player Join Date: Mar 2007 Location: Income Tax Central Exp:	I think the sticking point has to be the repayment of the City's 1/3. I gather its not structured as a loan but rather expected to be recouped in Property Taxes, which is much more reasonable. So then the question is whether King's comments about CSEC paying for all of it is in reference to having to pay Property Taxes. So it doesnt appear to be structured as a loan, but they have to pay Property Taxes in lieu of their current $1/year deal. __________________ The Beatings Shall Continue Until Morale Improves! This Post Has Been Distilled for the Eradication of Seemingly Incurable Sadness. If you are flammable and have legs, you are never blocking a Fire Exit. - Mitch Hedberg