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Uwaa OmO
That's the state, not the city. Should the governor just ignore the city?
Bankrupt detroit gives billionaire new sports arena
- Thread starter evince
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That's the state, not the city. Should the governor just ignore the city?
ALL of Michigan is footing the bill for 50% of the stadium. Could probably use that money elsewhere.
The good in this type of thing is that there is indeed a boost in construction and related jobs while the thing is built, but long term the upside just isn't there. At least it's an arena, though, that'll host 41 home games and has other useful functions. Football stadiums are the biggest boondoggle. 8 home games and not as many accessory uses.
PostmodernProphet
fully immersed in faith..
we have.....in billions.....besides, none of this money is being paid by Detroit.....its state backed bonds sold to private investors.....shucks, if they were Detroit backed bonds you could forget it ever happening....
evince
Truthmatters
/MSG/
Uwaa OmO
Yeah, Ford Field was a travesty.
evince
Truthmatters
Power failures reveal aging Detroit infrastructure
Power failures amid high demand offer stark reminder of Detroit's costly, aging infrastructure
/MSG/
Uwaa OmO
Ok, thanks.
evince
Truthmatters
http://www.huffingtonpost.com/2013/...-i-94-freeway-michigan-unsound_n_3331912.html
Detroit Bridges: I-94 Freeway Spans Among Hundreds Of Unsound Structures In Michigan
Detroit Bridges: I-94 Freeway Spans Among Hundreds Of Unsound Structures In Michigan
/MSG/
Uwaa OmO
Those are being replaced right now. Literally, at this very moment.
/MSG/
Uwaa OmO
Over a dozen at least. Of course since the city/county spend a metric fuck ton on roads every year, it's not going to do anything except line the pockets of the same shitty contractors who've been fucking up our roads for at least a generation.
zappasguitar
Well-known member
They ignored it because they don't want debate...they just want to spend some more time ridiculing you with their taunting, derisive non-responses.
zappasguitar
Well-known member
Oh well, of course since there's some corruption, that's just a perfect excuse to let the bridges and roads continue to deteriorate.
tekkychick
New member
I'll be happy to condemn spending on a new stadium while they take the city into bankruptcy.
Generally studies show cities who spend big on stadiums don't get the money back. It depends how much the city gives away and how much they put up front and all that.
http://www.rebelavenger.com/sports/4.pdf
Would be nice to think the stadium will help Detroit, but unless the contract is ironclad I wouldn't bet on it.
In terms of the "city council" approving this - "emergency manager", remember? pretty sure there's no city council left.
Generally studies show cities who spend big on stadiums don't get the money back. It depends how much the city gives away and how much they put up front and all that.
http://www.rebelavenger.com/sports/4.pdf
Would be nice to think the stadium will help Detroit, but unless the contract is ironclad I wouldn't bet on it.
In terms of the "city council" approving this - "emergency manager", remember? pretty sure there's no city council left.
/MSG/
Uwaa OmO
Well it's not the cities money for starters. It's the states. And only 50%. And yeah, the city council still exists for some gods forsaken reason.
evince
Truthmatters
http://t4america.org/resources/bridges/#?latlng=42.331427,-83.0457538&bridge_id=12449
The Fix We’re In For: The State of Our Bridges
The Fix We’re In For: The State of Our Bridges
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Uwaa OmO
State.
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Uwaa OmO
My apologies. It's also out of date. At least 7 of the red bridges on 94 are new and there are newer ones being built as we speak.
PostmodernProphet
fully immersed in faith..
actually that's about a dozen cities....
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