>>and it's accurate to say this project and the stadium will
>be
>>build with no public money...
>
>No, it's not.


there is no tax...there are no bonds...there is no reappropriation of public funds to build this project...

the city of Inglewood, nor the state of California is pay any money to get this project built..

none...

zero...

The developers are building the project without public funds...

they are being reimbursed from revenue FROM THE PROJECT...for expendetures related to public services...





>>the developers and Kroenke are paying for the entire project
>>to get done up front...
>
>Kudos to them since, you know, it's their building.

but I thought it was being paid for by tax dollars or public funds...which is it?


>
>>the portions of the project that deal with public facilities
>>like street lights, landscaping, water mains, street
>>maintenance and the like....
>
>>the developers are paying for all of those things up
>>front....
>
>Great. They should. Because they'll be creating the demand on
>public facilities by building a gigantic stadium.

yep.... but usually those things..in large projects...the tax payers or government money has to be at least allocated through some sort of taxation or allocation of funds, before the project can be built..

this project on the other hand is going to be a huge revenue producer to the reimbursement to the developers can come from that....again...AFTER the guaranteed 25 million..



>
>>the developers will be reimbursed FOR THOSE THINGS.... for
>the
>>tax revenue received from the project after the first 25
>>million annually....
>
>Which they shouldn't be because, again, they are creating the
>need for those things in the first place.

and are creating huge revenue....


>This is another example of developers using fancy language to
>obfuscsate the truth, and people falling for it. This is a tax
>break.

not only have you not shown where the tax break is...but you seem to be just disagreeing with the fact as they have been presented, and assuming there is some sort of misleading by the developers that you aren't pointing out..

skepticism isn't a fact based argument.