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05-14-2013, 11:19 PM
  #66
Billybaroo*
 
Join Date: Oct 2012
Posts: 737
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Quote:
Originally Posted by chrisj View Post
Your argument doesn't work at all at the moment. The city has been clear the ticket tax earned goes towards the new arena - but hasn't determined what the ticket tax at Northlands goes towards.

Lets be honest... no matter what anyways says, the current Rexall will not exist in its current form once the new arena is finished. A smaller building perhaps - and if so - the ticket tax will be going to cover those costs.
Well, who knows what its going to be used for. All I know is that it is one of Katz new "asks"/demands along the way (this of course after he had committed to an earlier framework with no such requirement)& given that the City is pouring hundreds of millions into Katz's plaything, its kind clear to me that it , or at least a portion of it will be funding the new arena.
After all, I cant see Daryl, the shrewd businessman that he is, demanding the City have a ticket tax for Northlands, only to have the City turn around & give it back.

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