New Stadium for the Braves

[David88vert]

You seem VASTLY more informed than me on this matter, so im genuinely asking sir Im not being facetious or condescending.

I only have the information that they have published so far. Most of it has been on WSB.

That pays for principal AND interest right? So stadium=Paid for out of these new taxes?

That's just the amount that they have agreed to pay out. That does not mean that it covers the stadium out of the new taxes. Everything that I have seen so far says that it does not cover it completely, but not all of the details have been flushed out yet.

5.5 Millionx 30 years = 165 million in revenue Doesnt include the Hotel/Car rental taxes.

Now, is this 5.5 Million in addition to the Business and Tourism taxes mentioned above? Or is this INCLUDED in those taxes?

Total expected off both taxes is just over $8M/yr, so $240M over 30 years.

Included, based on what has been published to date.

Developed land is worth more than undeveloped land. the correct question is what is Atlanta selling Turner Field to developers for................or what if the braves sign another 30 year lease.

Developed land is worth more when the developments and their infrastructure is reusable/saleable. No one will buy Turner Field as is for use as a stadium, and the reason that the Braves are moving is because the City of Atlanta has not kept up the infrastructure.

How much did Atlanta-Fulton County stadium sell for and what was the stadium and infrastructure worth? Oh right, it's a parking lot.

Turner Field will be bulldozed. Mark my words.

Legitimate concern, agreed. However, you and i know, thats business. Vitos will adapt of go under. You cant legislate companies to survive when environments change.

But you can create legislation to put them out of business. Just take some public funds, raise taxes, and give another private entity the ability to open a bunch of restaurants across the street.

Should be put to a vote

Agreed 10000% see what i said below this. I do feel it should be all on the table and residents should approve it. Anytime taxes are levied , residents should have an informed debate on whether to have new stadium or not.

And that is the whole point.

HMMMMM ill just leave this here

Sounded like you were ready to approve it earlier without question, and definitely without knowing the whole deal. Didn't Pelosi say we had to pass Obamacare before we read the ACA legislation? Same thing, just local county government spending big bucks this time around.

I in no way saaid they sholdnt have a voice or vote on this. You misunderstood me. Blank? is that you? :P

So we agree that the residents should have all of the information on the new stadium and vote on it. That's been my point from the beginning. I think we are in agreement.