I have supported the idea of community ownership for a long time. Below is a link to the bill introduced by me in the House and Senator Ellen Anderson in the Senate. The bills passed through committees in both Houses and were on the floor before adjournment. Obviously the folks who want a stadium don't want to let this more sensible idea get in the way. The bill as proposed neither required nor prohibited any public entity from being a part owner. There is very good historical evidance to show that the value increase of professional sports teams has always exceeded the S&P 500 and in this current market climate it would be so far ahead as a good investment that the comparison would be laughable. When I get to my files on this subject (in a few days) I can expand on the concept of both the philosophy and the numbers. I'm fairly sure I posted on this earlier in the year.
http://www.revisor.leg.state.mn.us/cgi-bin/getbill.pl?number=HF2587&session=ls82&version=latest&session_number=0&session_year=2002 _______________________________________ 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
