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11-16-2012, 09:29 AM
  #726
Whileee
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Quote:
Originally Posted by cbcwpg View Post
http://www.azfamily.com/news/New-out...179600461.html

New outlet mall opens to huge crowds in Glendale

The Tanger company built its newest outlet mall in Glendale, which happens to have the highest combined city/county/state sales tax of any large city in the country, at 10.3 percent. The new mall is projected to bring in about $2.5 million in sales tax to the cash-strapped City of Glendale each year.

So the CoG is going to collect $2.5M/yr and it didn't cost them $15M/yr to do so. That's how things are suppose to work... More money coming in than going out. Awesome.
They expect about 5 million customers per year, which is about 10-fold higher than the number of Coyotes fans. So, if Westgate plays it right, this should be a real boon for them.

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