But Reeves is now the Chairman so things might pick up a little bit. I guess everyone has got all they can from this turnip. I noticed that Collier and the boys are now trying to get into the airport food business.
It will interesting to watch the Tax situation if WUWF plays football at the stadium. As of now the CMPA receives a big tax break because part of the time the Stadium is "public". That will change if WUWF leases the stadium for any length of time. I guess Studer will make all the money(minus 20%) from the concessions?
The city’s Community Redevelopment Agency, which is composed of all nine City Council members, voted to allow the CMPA board to repay a $500,000 loan that was used to add enhancements to the amphitheater over 20 years.
The board lacks the immediate cash to pay back the $500,000, which was originally due in January.
The CRA will charge a 3 percent interest rate. The CMPA board had asked for zero interest but budgeted for the 3 percent rate in case.
It will interesting to watch the Tax situation if WUWF plays football at the stadium. As of now the CMPA receives a big tax break because part of the time the Stadium is "public". That will change if WUWF leases the stadium for any length of time. I guess Studer will make all the money(minus 20%) from the concessions?
The city’s Community Redevelopment Agency, which is composed of all nine City Council members, voted to allow the CMPA board to repay a $500,000 loan that was used to add enhancements to the amphitheater over 20 years.
The board lacks the immediate cash to pay back the $500,000, which was originally due in January.
The CRA will charge a 3 percent interest rate. The CMPA board had asked for zero interest but budgeted for the 3 percent rate in case.
Last edited by Mr Ichi on 10/3/2013, 2:51 am; edited 2 times in total