Why would we adjust the tax rate for operation cost when in fact Mandalay is responsible for that
From the MOU:
"Except as otherwise set forth herein, the Operator shall pay all operating expenses for, and shall bear all losses resulting from, the management and operation of the Ballpark"
yes I'm well aware that tax rates can be adjusted
So tell me, when was the last time tax rates were adjusted to reflect the city having too much of our money outside of real estate valuation adjustments?
YOU may not like the fact that we are looking at the impact on all taxpayers which includes principle AND interest but lets face it - that's what we HAVE to pay for the stadium.
Yes we would own the building and the property and allow an independent party to operate a for profit business on those grounds.
yes I disagree with that premise Terry and I disagree with the lies that are posted on YOUR website that imply guaranteed success and economic impact from that stadium. All sorts of studies indicate that MINOR LEAGUE BALL FIELDS have little to no impact on a city with very few exceptions.
You may not like the facts but they are what they are.
Honesty is a two way street Terry - take down your lies from your website and I'll talk to Scott about changing the wording of his ad to say we have to pay back over $75M when in fact the net worth of the Braves and Mandalay combined is approaching $1.0 BILLION dollars.
Oh wait - that happens to be the truth
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