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  • #16
    It's not my interpretation, it comes from the Edmonton Journal
    Advocating a better Edmonton through effective, efficient and economical transit.

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    • #17
      Originally posted by dwntwn_gme View Post
      ^ I belive you misinterpreted. It is not $100M up front instead of the $5.5M over 30 years. What Tony wants is for some sort of guarantee for Katz to put in his $100 M for the surrounding development.

      Huge difference.
      Yes - based on the discussion, that does sound like it is the case. Katz must spend $30 million on surrounding development up front. The idea, I believe, is it will generate property tax dollars that support the CRL, and therefore support funding the arena payments.

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      • #18
        I am closing this as the vote is in. We can discuss/debate the results in the other threads.
        Ow

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