Imagine, Vog, if the property was financed at say 80%. That means $720,000 would return $1.8 million profit in 6 months. That works out to a 500% annualized return. Pretty nifty for the chosen few.
The returns that really matter to taxpayers and the city are two:
1. Election returns next week: The shameful stadium tax bond referendum goes down in defeat.
2. Next municipal election returns: Tossing out the mayor and his city council cohorts that wasted so much taxpayer money and time on this project and voted for this ignominious albatross.
Vote NO Stadium TAX!
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