(06-28-2013 12:35 AM)mistabinks Wrote:  

(06-28-2013 12:12 AM)Fitbud Wrote:  The bottom line is that the numbers all all projections and could change at any moment over the 30 year contract.

Not MountainStar's rent. That is in the contract. 400K a year. Regardless if they sell the team or any other wild scenario. The City of El Paso will be receiving 12 million from the team owners.

(06-28-2013 12:12 AM)Fitbud Wrote:  There is no guarantee that this won't cost the city of El Paso.

While I can't say for 100% certain the stadium will not cost the City of El Paso money, real life facts and actual trends seem to indicate there will be excess HOT tax monies that will go to the general fund. This is going to make the City of El Paso money.

And numerous studies would say the opposite.

According the the El Paso CFO, projected interest on this deal has now changed to 31 million dollars.