Here's why he stumbled and appeared to repeat things:
Back in April this stadium was touted as being paid for by private investors. Now Mandalay said private investment is off the table.
Back in April the NSS report said they would build a 6404 seat stadium. Now a developer/builder - who happens to be the owner of the land where the stadium will be located said he could build a stadium for $25M - but it will be 3500 hard seats or a size reduction of 45% from the NSS report.
Why do we want our government involved in a private enterprise? We are not a "corp"ocracy. Yes give them tax breaks as an enticement - but to build the building used/leased by a single private enterprise to make a profit? This is government intrusion into the private marketplace on a grand scale paid for NOT by revenue bonds but by general obligation bonds.
No one can answer why this is different than the Port City Roosters.
No one can answer why the private investors pulled out.
Odd...........
Saffo is politician
And also a real estate agent developer.
Here's why he stumbled and appeared to repeat things:
Back in April this stadium was touted as being paid for by private investors. Now Mandalay said private investment is off the table.
Back in April the NSS report said they would build a 6404 seat stadium. Now a developer/builder - who happens to be the owner of the land where the stadium will be located said he could build a stadium for $25M - but it will be 3500 hard seats or a size reduction of 45% from the NSS report.
Why do we want our government involved in a private enterprise? We are not a "corp"ocracy. Yes give them tax breaks as an enticement - but to build the building used/leased by a single private enterprise to make a profit? This is government intrusion into the private marketplace on a grand scale paid for NOT by revenue bonds but by general obligation bonds.
No one can answer why this is different than the Port City Roosters.
No one can answer why the private investors pulled out.
Odd...........
Bet Regards
Vog