CLTin93
-
Posts
3 -
Joined
-
Last visited
Content Type
Profiles
Forums
Gallery
Project Database
User Guide
Store
Events
Posts posted by CLTin93
-
-
From the same article:
"Reese told commissioners he has had talks with the owners of an existing MLB franchise about Charlotte, but he said he could not disclose names or go further until the Knights’ proposal is quashed."
Reminds me of a joke...how can you tell when a lawyer is lying? His lips are moving.
Here are the bullet points from the County Commish's meeting with The Knights:
•Provide proof of commitments from two founding-level sponsors by March 31, 2012. If the franchise misses the deadline, it would be obligated to put another $100,000 into a county escrow fund.
•Submit a financing plan for building the stadium by June 30, 2012.
•Start construction on the project no later than Oct. 1, 2012.
•Agree not to seek any county funds to help pay for the stadium.
•Deposit $100,000 into an escrow account by August to help defray county legal fees incurred during a series of lawsuits the team and county faced in opposition to the new stadium. County Attorney Marvin Bethune estimated the cost at $400,000. The $100,000 from the Knights would be returned by the county two weeks after a new ballpark opens in 2014.
Later in the article, I picked up the allusion that The Knights are dismayed by these terms in light of their current terms
but I'm not quite sure why. Is it the difference of a couple months in securing the financial agreement? What am I missing?
-
Gorman resigned, is "The Good News Report" appropriate for this post?
Charlotte-Douglas Airport (CLT) Expansion
in Charlotte
Posted
Curious as to what will happen to the AA RDU - LHR flight once the US/AA merger goes through Any thoughts?h