James: Facilities for that exist in great number. All a new stadium would do is lower the rental for that and make more profit for the promoters. Why would taxpayers be interested in doing that?
Jim Mork (Cooper/Longfellow/Minneapolis) --- James E Jacobsen <[EMAIL PROTECTED]> wrote: > Again ref the Stadium issues: > > 01. The stadium, besides for baseball > -inevitably will house -as the > current one has- rock concerts, Billy Graham, > and all kinds of civic > activities, and it is the wavering tens of > thousands of people that will go > there all paying a ticket price -- and all of > which defines it as a civic > facility. Do good and constructive citizens > rant and rave that such a place > be paid for by a private individual or > companies?? > 02. After all the arguments for or > against whatever funding for the > stadium, when the final deal is set for > construction, there will be a bond > issue, -just like the for the last stadium and > any school or public > building- which will raise all the money needed > for construction and > completion of the stadium and all of it coming > from the private sector, > likely a big chunk of the bonds will be funded > happily by Carl Pohlad > himself, or his banks. And then the bonds will > be paid off by stadium > revenues over the life of the stadium. > 03. Any restaurant or other tax levied > to make it look good for bond > issue, though unnecessary in paying off the > stadium bonds, will not be > significant. > James Jacobsen // Whittier > > > _______________________________________ > 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 __________________________________________________ Do You Yahoo!? Yahoo! Finance - Get real-time stock quotes http://finance.yahoo.com _______________________________________ 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
