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We keep meaning to read, but it is long (74 pages).
Peruse and make comments??
Here are our thoughts:
- Seems like this should have been done before the stadium was built not after???
- We see no penalties to the developer if none of these projects happen. In other words no protection to the taxpayers.
- Look forward to comments on this one
- Updated pro forma reflecting current costs of at least $159,500,000 and no development from Phase I
- An Auditor's report on the updated pro forma
- Final Costs of Polar Park. It sure is more then $159,500,000. We are guessing $175,000,000.
- Completed LDA of the Left Building Site.--DONE!!!
- When will Madison actually break ground on any of their projects??? GUESS THIS HAS OCCURRED
- Who is paying for Polar Park police details??
- Where is the new Polar park Commisson?
- Are real estate taxes going to be paid on the $175 million ballpark which is being leased to a for profit organization.
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Comments
I thought the other housing units would be built before the office building and the other building considering the hot housing market.
Do you not think that a 1) final cost on the stadium and 2) a current proforma would be a good idea??? That way we can figure the cost to the taxpayers counting this first project as a revenue producing asset in the DIF in FY 22??
It is great that the first project is off the ground. You need to look at this in the big picture. Don't you agree?
Happy New Year
Bill