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11-03-2012, 05:05 PM
  #164
smackdaddy
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Quote:
Originally Posted by Replacement View Post
MSI is NOT the province investing and supporting an arena. It is a fund granted to municipalities that they can use to help fund projects as they see fit. Theres not one more dime coming to the city from the province for the city fronting all the money in a "Katz" arena.

In essence the city has to take MSI money that they can use, or even planned to use, for other projects, and instead defer it to the Katz arena.
You mean for the LRT expansion that goes into the arena then to Kingsway and NAIT? Because that's what the infrastructure funding is for.

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