What’s The Word On Prop 303 ? (Tempe: tax, cost, arena)

[sithlord72]

So how do you think Proposition 303 will go ? This is in regards to taxpayers finding a new arena to keep the NHL’s Arizona Coyotes from leaving . I personally am very against taxpayers subsidizing billionaires. Studies have shown that these deals never work out for the citizens.

The vote is May 16. I was just wondering what the word is about how this vote may go down

[FlurryCat]

There is no public funding. The land is being bought at full market value. Not even really any tax breaks, just a temporary abatement related to clean up of the old landfill on the site. In fact, it will save the city a fortune because the developer will pay the $500 million to clean up the site.

Nice Op/Ed piece in the Republic written by four former Tempe mayors:

https://www.yahoo.com/news/arizona-c...120051313.html

The four of us have 42 years of continuous service as mayor of Tempe, and decades of collective experience when it comes to governing our city. We have often disagreed on issues.That we are of one voice in support is evidence of how outstanding an opportunity the proposed Tempe Entertainment District is for the city and its residents.

Our mayor and council thoughtfully crafted a deal that addresses an environmental and health issue while relieving the city of liability, and one that creates revenue long into the future. The deal also assures the project generates union jobs, all at zero cost to Tempe taxpayers.