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05-15-2013, 12:58 PM
The Big Unit
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Originally Posted by joestevens29 View Post
Billionaire owner that negotiates like a billionaire overshadows everything else.
I understand how his sleazy negotiating tactics have turned people off. Unfortunately, he knows the city really wants this development so why not squeeze a few million extra out of them if he can. So much of what we hear is political posturing. There's a civic election this year and the Mayor's seat is up for grabs. Some of these Councillors will sell their own mothers to lead City Hall and will say anything that makes Katz appear as the bad guy. I'm not saying he isn't the villain here but imo the debates Council has been having are mostly theatrics and the deal is basically done.

You put Premier Redford's feet to the fire and suddenly the province has all kinds of funding avenues available that the city can take advantage of without breaking her word that she won't DIRECTLY fund the arena. Nope, just indirectly through funds that were available before for infrastructure projects and other provincial committees that control hundreds of millions of dollars and the city can do with the funds whatever they like as long as the committee approves.

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