said by loosedobbs:said by elwoodblues:Once again the taxpayer gets nailed for paying for a playground for millionaires , and owned by billionaires .
Here comes the fun part, Redford is going on TV tonight to cry poor and say she can't afford campaigns promises. IIRC, the Feds turned down a request from PKP for an arena, and it would be suicide to give cash to Edmonton.
WTF is the taxpayer ponying up in the first place? If Katz wants a new arena, let him build it himself.
I don't recall Bitove getting "free money" for what is now the ACC, but Ontario sure got hosed for the "Doomed Stadium" which Robbers picked up for pennies on the dollar!
»www.nationalpost.com/m/w ··· ey-arena
Good points blues.
This is how its done in Canada. You as in Taxpayers pay for it and owners/players enjoy.
What was surprising that deal was dead and then resurrected again. Got it done.
The city don't have money to fight crime and they have for this.
I am sure the taxpayers will re-elect these morons.
It's how it's done everywhere. Screw the tax payer..and you can betcha that 90% of the population will never be able to get to a game. So basically, 90% funds for a new arena that the richest will only be able to go to. Nice...good deal. Good for the Fed for telling these people to go to hell.
I always wonder, though, why not design arena's and ballparks and football stadium with the idea that it should be usable for at least 70 or 80 years? Rexall Centre is only 39 years old.
Also, can someone explain to me why these places are so expensive to construct? Rexall was built for under $20 million. (about $90 million today? give or take?)
Also, instead of doing it this way, why not: The City of Edmonton gives the Oilers a low interest loan...to be paid back, in its entirety. Oilers get to keep the stadium. Once stadium is paid of (typical 30 year mortgage) They can go back to the city and ask for another loan for their new stadium. They can repeat this process every 30 years, that way, millionaires will never have to work in an old facility, because that would be a bad thing. And the taxpayer technically never has to be forced to pay for this crap.
/rant