KCRag Forum

Burton wrote: Because I added up the costs from the sources I listed. I didn't see anything about them costing 1.6 billion anywhere. If you got a link, I'd be glad to change the original post.

StL_Dan wrote: EZ....I live in JoCo.

StL_Dan wrote: EZ....I live in JoCo.

Burton wrote: Ok, I see what you're saying, but if you can lead me somewhere to where it says 1.6 billion, so I can change my original post so it doesnt contain any misleading or false information. Also, the rental car and hotel taxes, plus the casino revenues they did in Detroit are much more appealing to me than a 3/8 cent sales tax. Again, there are better and more efficient ways of getting this done.

kcdcchef wrote: the only reason the 1 - 1.2b crap is coming out here in kc is the no side, which, is fine, but, if you look at ballparks.com, and other sites about ballpark construction in various cities, you will see they are all spread out over 25 years too, through various tax collection means, which, means, if you say kc's is that much over 25 years, then, theres are too, which, is all i am saying.

Burton wrote: Gotcha.

Is this better?

Comerica Park - Public financing: $115 million, or 38 percent, from 2 percent rental-car tax and 1 percent hotel tax, and money from Indian casino revenue.
                          Private financing: $185 million, or 62 percent, from Tigers owner Mike Ilitch
                          Total: $300 million

Ford Field - Public financing: $125 million, or 30 percent.
                   Private financing: $295 million, or 70 percent.
                   Total: $420 million

Total Cost of Detroits 2 new stadiums: $720 million
Private Financing of Detroits 2 new stadiums: $480 million or 67 percent
Public Financing of Detroits 2 new stadiums: $240 million or 33 percent.

Total Cost of TSC Renovation with Roof: $775 million
Private Financing of TSC Renovation with Roof: $100 million or 13 percent
Public Financing of TSC Renovation with Roof: $675 million or 87 percent

kcdcchef wrote: pretty much. i am not arguing that it will or will not cost x amount of dollars over 25 years, i think it is risky to say for sure it will cost this much, when, we are not sure, but, we all know it will balloon over that over 25 years, tough to say, financing is tricky, that is for sure.

anyways, 4 more days and perhaps this is over. one thing you as a no vote supporter would have to admit, if it passes, at least this forum will return to more development talk. ( thank god )

Burton wrote: Yeah if it passes we can talk about the new Hardees that will open on Blue Ridge Cutoff as a result of the renovations!  /
(j/k)

lock&load wrote: Inside sources say it will be a Sonic   Sonic's got it, others don't.