The Official Arena Thread Part 6
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11-04-2012, 09:12 PM
Join Date: Jan 2009
Originally Posted by
Given your views on the economy, would you think Katz is daft for wanting protections in a deal that would see his asset tied to the fortunes of a resource boom town for 35 years?
The problem is that in a good economy he would be getting profit directly from tax payer's money. Also concerns like this could be better handled if Katz was more open and willing to discuss the problem. What he was asking of the city was absolutely ridiculous, they were willing to work with him if he would open up his books and prove he could lose a lot of money. The city cannot be reckless and give him whatever he asks for.
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