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11-14-2012, 12:09 AM
  #243
Billybaroo*
 
Join Date: Oct 2012
Posts: 737
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Quote:
Originally Posted by nye View Post
I did not clearly say any such thing. I said that taxes should cover what the province pays to run programs.

The province will not be running the building, or paying for it to be run.

I don't think that the City should pay for operation of the building and allow Katz to collect all the revenue. I do appreciate Katz's aversion to a 35 year deal where he has to pay all operational costs though. I was hoping they could come up with a compromise where the City would step up if times were bad and the building was losing money.
How bout when the times are good? Any chance City should get any of those revenues from the building? After all, they are basically paying 100% of the upfront cost

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