The city will BORROW the money to build the stadium and the debt service will cost double (or higher) than the actual cost of the stadium build. What about the connecting road(s)cost? Necessary parking deck cost? Common building cost over-runs? Extra infrastructure costs? Possible environmental issue costs? Yearly maintenance & operating cost shortfalls that the taxpayer must cover? Future renovations? Eventual demolition cost? Loss of revenue to existing businesses?
Loss of city property tax for the site? ?????
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