Quote:
Originally Posted by wrendog
SEG has stated multiple times that the 900 million for the state will be going towards the DC renovation and SEG would be spending another 3 billion or so...
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The number I heard Mike Maughan say was $500M of the total $900M goes toward Delta Center reno. The other $400M goes toward the district. Another $300M beyond the $900M cap to SEG can be used by the county for Abravenal/Convention center.
I just listened to the entire council meeting tonight and I am very encouraged by the reaction of the council members. They all seem very positive about the project. It was a brilliant move by SEG to bring in economist Natalie Gouchner from the Ken Gardner Institute to explain why the four cornerstones of sports, entertainment, culture and convention is key to downtown and the greater success of the region. Those are singular amenities and if you lose them you create a donut/vacuum and downtown will spiral downward. I’m pressed by SEGs ability to work collaboratively and consider all stakeholders. Based on the councils comments tonight I think this is happening. Very excited!