Ah, timing: one day after their parking ramp editorial, the Strib edit page accepts the Metropolitan Sports Facilities Commission's calculation of $216 million in public subsidies to the Minnesota Twins.
Part of the MSFC's figure includes rent the Twins WOULD HAVE paid had they been paying market-rate rents. No money came out of the general taxpayer's pocket, since the Dome has been paid off by earlier, since-expired liquor taxes and user-fee ticket taxes. Rewind: the Strib claims parking ramp subsidies really aren't subsidies because taxpayers don't shell out, since the ramps pay for themselves. However, the Strib accepts that the Twins DO get a subsidy, even though the taxpayers also don't shell out. The subsidy is in rent the team should have, but didn't, pay - sort of like the borrowing costs a ramp beneficiary should, but doesn't, pay. David Brauer King Field - Ward 10 > -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf Of David > Brauer > Sent: Thursday, December 27, 2001 9:58 AM > To: [EMAIL PROTECTED] > Subject: RE: [Mpls] Parking ramp editorial > > About the parking ramp editorial... > > I'm out in California and away from my files, but I recall Strib > reporter Mike Meyers' Target Store expose indicated that the city _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
