Quote:
Originally Posted by RED_PDXer
I agree there are other benefits from these investments, but there are lots of other ways to generate property tax revenue - street improvements, parks, public art, etc. The Timbers deal required only $12 million in city bonds for the additional renovation and is being paid back on schedule. Not sure what the payback period, if any, is for the $250 million or whatever the incredible costs these other major stadiums require. Anyone know?
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I wish they could just tack it onto ticket sales.
If 20,000 people paid $12 more per ticket per game (41 per year) over the next 25 years, it would pay for itself. You could also include it in all of the other events that take place at the Moda Center.
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