I don't care if there is another sports palace in Seattle (7th or 8th) I hope the amount I will be forced to pay is not too high. But surely the truckers don't think they own the roads and surely they don't think the revenue from all the sports taking place will have any trouble supplanting them (City Council thinks sports palaces make us all money). Come on truckers we all share the roads, we all pay for the use of them. If you don't like the congestion in the area don't go there. Every one has to deal with that simple reality.
Posted by Sargon Bighorn on February 22, 2013 at 4:41 PM
#10 I'm sure the tax payer will be on the hook for something. Past stadiums have ALL proven me right. There is no way, when a city gets involved it does not take the citizens with it. The citizens FUND the city.
Posted by Sargon Bighorn on February 22, 2013 at 6:33 PM
You obviously haven't bothered to read up on this project. It's strictly written into the MOU that the only thing paying off the bonds for this are taxes on tickets, concessions, etc. associated with events at the venue. Otherwise, the City Council never would have signed off on it. Also, in case of any default, Hansen is obligated to pay it all back out of his own pocket. It's pretty black and white.
Also, the taxes used to build Safeco Field were practically harmless. I mean, what a price gouge that was, going out to dinner and having five cents tacked onto $10 worth of food. I know that really put me in the poor house.
Posted by Chali2Na on February 22, 2013 at 9:29 PM
@12 yes, the taxes are paying for the stadium INSTEAD OF GOING INTO THE GENERAL FUND and paying for everything that the general fund goes towards - cops, libraries, street repairs, parks, etc.
$360M or so. McGinn and Burgess are dicks.
And so are the dipshits who keep saying this isn't costing us anything. it's costing us $360M...
Posted by south downtown on February 22, 2013 at 10:16 PM
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