Help recoup the cost? This is a bad deal for Providence and Rhode Island.
Skeffington said the new owners would put up the $85 million required to design and build the ballpark, but would seek state and city subsidies after it’s finished to help recoup the cost. They also want a 30-year lease on the land – at $1 a year – from the I-195 Redevelopment District Commission and Brown University, with an option to buy it at fair market value at the end of the lease.
The team is asking state ...
Just say no.
I’ve railed against government-financing of stadiums for years and years. I learned a long time ago what terrible waste of tax-payer money it is. I would love to see the practice ended. I’ve also learned that, if there is a way for our elected officials to screw up a good idea, they will find it.
How many times will Comcast make them reschedule?
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