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Problem solved

City says the bond is capped at $37M, but it will cost much less.
Lets assume $32M

Now lets combine all offers:
Watch this:
$32M
-$6M for land donation by the Camerons

$26M
-$10M that Ripken says it can save if THEY built it.

$16M
-$16N pg 126 NSS report of private Mandalay funding $400,000 + Property taxes for 20 years EQUALS????
$0 tax payer dollars

The city (rightfully so) pays for water sewer improvements like they would for ANY private business to be located here.
Take the Camerons land donation, and let Ripken build the stadium for $10M less, and let Mandalay proceed with lease & tax payments.
Voila - "paid for" stadium

Who said it couldn't be done?
Funny how those numbers are working out for us isn't it?

Vog

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