• What is the actual cost of managing Jobing.com Arena, minus the capital expenses for which the City remains liable under the proposed agreement? If the agreement is challenged under the Gift Clause, a court will look to the difference between actual management costs and the amount the City is obligated to pay to determine whether the agreement is a subsidy. The Council should insist on knowing those numbers so that it can determine whether the agreement is lawful and fair to the taxpayers.
more points
We hope that these inquiries will assist the Council in its deliberations over the proposed deal. We further urge you to not to rush to a vote. The terms of the 100-page proposal were released to the public for the first time on Monday, and not all the exhibits and associated documents have been released yet. There should be an adequate public comment period after all the documents have been released, particularly when they commit substantial public resources over many years.
Mark Fraser Andy Greene zach Parise bryce Salvador Wade Belak Martin Erat
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