Page 120 of lease
- Fiscal 2021 rent 32,171
- Fiscal 2022 rent 177,635
- 145,464 increase in rent
Last year the ballpark taxing district raised $391,000. We can add $145,464 so we can hope in fiscal 2022, we will be at least $536,464. Where else do we see additional revenues coming in the ballpark taxing district in Fiscal 2022????
Guess the parking garage will be on-line and hopefully generate a profit. Keep in mind we need $2,000,000 generated in the ballpark district for Fiscal 2022 to meet the bond payments.
Considering we spent over $160,000,000, which we really don't may be more??, since we never got the final tally.
- What is that for a return on our investment?
- .34% return if we return $536,464 on $165,000,000
Let us not forget that the $160,000,000 we spent on this building pays nothing in property taxes???
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