Quote:
Originally Posted by MalcolmTucker
The $185 million was not a grant, it was a repayable contribution at best (interest free loan) or at worst, a loan (the difference isn't that large in a low interest rate environment).
The corporation doesn't pay city taxes now.
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Not saying I think you're wrong (I seem to remember seeing the information that might back it up), but where does it say the city's contribution is a loan?
Just because Calgarians got screwed by a bad deal giving corporations a property tax break the first time, and just because other cities do, does not mean we have to give the Flames one this time.
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