It is a tax capture and the same deal Mr Gilbert is getting albeit his was 50% of and I am not sure of what the percentage is for the stadiums but tax capture does not effect the school budget it effects the city's general budget because all of the tax revenues Or in the case of the 50% collected from whoever.
In short for the next 30 years even if 10,000 people move in next to the stadium the cities general budget does not see a dime,or until the 440 million is paid for.
But the city still needs to come up with infrastructure repairs,improvements etc.
It creates tax dead zones and is based of future speculation and if all that buildout does not occur then the residents have to come up with the funds from somewhere else.
You want them to sign a 30 year note and cannot even let them preserve a little bit of thier past history?
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