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03-01-2013, 12:47 AM
  #600
Whileee
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Join Date: May 2010
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Quote:
Originally Posted by CasualFan View Post
I could have misinterpreted as well. I thought Sherwood was indicating that, from a city perspective, a 5-year or 10-year deal with a buy out provision was not agreeable - but he would support a 12-year deal at AMF $13MM per year. I believe he then said that he had spoken to Jamison who indicated that a 12-year deal could be palatable for investors.
Not sure that I would be taking advice from Jamison regarding potential investors. He was the guy who negotiated the last lease agreement, and that didn't work out too well with "investors". I expect that investors are looking for a much lower purchase price.

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