And don't forget the creme de la creme -the Durham stadium.
The holy grail for the pro side.
This was a small part of a $1.1B investment in what was a run down "down town" area. The city invested $400M (To include the ballpark) and private investors kicked in $700M.
And yet John Hinnant agreed AGREED mind you that the stadium loses money.
If the down town was that vibrant and the ballpark that popular you would think it would be profitable !!
Socializing costs to privatize profits is Hinnants claim to fame. And why not? He's paid by the city donation to WDI.
Katherine
And don't forget the creme de la creme -the Durham stadium.
The holy grail for the pro side.
This was a small part of a $1.1B investment in what was a run down "down town" area. The city invested $400M (To include the ballpark) and private investors kicked in $700M.
And yet John Hinnant agreed AGREED mind you that the stadium loses money.
If the down town was that vibrant and the ballpark that popular you would think it would be profitable !!
Socializing costs to privatize profits is Hinnants claim to fame. And why not? He's paid by the city donation to WDI.
Vog