: News Article:
New Arena deal agreed to by city and Katz group:mod warning #616
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04-11-2013, 01:18 AM
Join Date: Jan 2006
Originally Posted by
RIP U of A
This isn't at you directly but anyone saying this is ridiculous. Anyone blaming the arena project for the U of A budget cuts needs to look at the framework of the arena deal and learn where their money actually goes. The provincial government has repeatedly refused to fund the project and education falls under provincial jurisdiction. None of these cuts have ANYTHING to do with the arena. Unless of course this post was facetious.
As for anyone saying they'd rather potholes and roads be fixed with the money, we all would but unfortunately the return on your investment with roads is pretty bad generating a whopping 0 dollars. Sadly, that is a luxury because you end up dumping that money into essentially making your citizens happier. At least the arena development will create jobs and help the economy a little.
Just my opinion on the matter.
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