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12-05-2012, 02:46 PM
  #49
ThePhoenixx
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Quote:
Originally Posted by Fugu View Post
Let's look at the nuts and bolts of the proposal:

http://www.mlive.com/business/detroi...plans_new.html



http://www.freep.com/article/2012120...nment-district



Would be nice to know how much is being privately invested. The next paragraph makes it sound like the only public money needed would be as security on the construction bonds-- so maybe ultimately not used?



Really? Maybe it's something they should figure out (the amount). It's not like Detroit schools are swimming in money.



Moving on, the Detroit News has a few more figures, which don't sound very bad at all:
I believe your words from the Forbes thread are very applicable here.

Quote:
Originally Posted by Fugu View Post

Maybe it's just too expensive to have pro teams in cities where not enough demand exists. It shouldn't be the role of government to pay millionaires and billionaires to entertain you, and further line their own pockets.
No Detroit public money should be used on this project. Do you agree?

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