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[QUOTE="chakka3421, post: 1044059, member: 1091"]
To all - you have to do simple ROI math.  With rates so low, here is a simple illustration:

1.  $200 million state grant
2.  $200 - $250 million muni bond issuance depending upon 3 below - $1 - $1.5 million in principal & interest annual carrying costs
3.  Up to $100 million in private fundraising like naming rights as 1 example

Ongoing costs are covered by advertising, box, ticket & concessions - multiple event stadium produces more revenue at same time spreads fixed expenses over more events.  Because of what we know about past attendance to all the groups who would use the new stadium, it's a very easy ROI calculation with limited initial risk.

Again I state the obvious - Mayor Minor was and is to this day a political minor leaguer who is in over her head.  She has made strategic political mistakes with the Gov & Dem party and now has compounded those political mistakes with a major financial mistakes - that would have increased the property taxes revenue for the city.  She needs to go.
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