Comment 47507

By F. Ward Cleat (anonymous) | Posted September 10, 2010 at 13:51:14

Lets face it Mitchell's fixation on 'PAID' parking is about a revenue stream. The Hwy. visibility is about maximizing the value of naming rights. Their contribution to the stadium cost is based on these 2 revenue streams.
If a site that limits these revenue streams is chosen then we can expect the City will need to increase their contribution.
In all of this debate we assume the Ticats will manage the Stadium. Yet without these revenue streams they resort to threats and ultimatums because their business case fails.
Hopefully the past 2 weeks with MIP reps at the table have brought some reason to the discussion.
If the City moves forward with the preferred WH or MIP locations and the Ticats can't make a good business case for either site. Then it would seem reasonable that the City finance and manage the stadium and the Ticats negotiate a lease.
Naming rights and limited parking revenues would still be on the table to help pay for the Stadium. As well as other revenues from concerts and other events.

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