Seems kind of contradictory to me. Semantics works well in this case.
Those tax dollars wouldn't exist without the arena.
I will spell it out for you, people won't develop in the area if there is no arena. Those developments that arise from the arena (the adjacent commercial developments and planned hi-rises in the area) will have a portion of their tax dollars allocated.
Did you not understand that the CRL is for NEW developments?
Last edited by Fugu: 01-23-2013 at 08:40 PM.
Reason: matters not which team he follows, OT
The province isn't gonna fork over the money they need, i can't see the city or katz giving a dime more than what they have proposed. You've got to dance through rain drops if you want to get anything done with our bureaucrats, and the provincial government has said many time they aren't going to use government money for private projects.
LOL @ comments that they're not using public/tax payer's money. Good one.
Also, the Government taking the moral value of gambling to make up some difference. Wow, way to set an example. So, when there's people with gambling problems, they can fund programs to help with that using tax payer's money.
Rexall Place is a dump and I've turned down tickets to events there because it's a dump and a terrible place to be when packed. So glad it will be replaced. Could care less where the money comes from, even if it might be tax payers dollars since the return on it will pay for itself.
Katz may be worth enough to finance it himself but billionaires don't get that rich by using their own money to make money.
Yeah, at least from the outside looking in, as a person that's never even been to Western Canada, most of the stuff I've heard about the place is about as follows....
Awesome ice, meh almost everything else.
The ice hasn't been very good since the 03/04 season. Old ice plant. We used to make fun of Dallas' ice all the time but right now Rexall's ice is only a smidgen better. Once we get the new rink we'll be able to say that we have some of the best ice in the league again.
At this point, I just want that damn shovel into the ground. Edmonton and Edmontonians alike need to shed their small town mentality and start embracing change.
Edmonton's downtown is a joke and Rexall is a dump. Oilers, their fans, and the city deserves way more.
I was there back in 2007, and I've never seen such a dead downtown. I mean, there's nothing there. But there's a lot of potential in that area, a lot of empty space throughout that whole area (Not just where they want to put the arena.). The people there deserve better.