воскресенье, 11 августа 2013 г.
That means that with the amount of money that the state has invested in the Georgia World Congress C
"I'm still very much encouraged," Deal said. "It would be nice if we did not have to ask the members of the General Assembly to have to vote on this. I've tried my best to relieve members of the General Assembly from difficult decisions that they have to make that have political consequences."
Initial polls have shown that there is not much support to fund a new stadium partly with public dollars. Members of the state legislature so far have been lukewarm to support a stadium thrifty car rental coupon upgrade deal given the public sentiment.
But a more recent WXIA poll released on Jan. 18 showed that if building a new stadium is the only way to keep the Falcons playing in downtown Atlanta, it had the support of 54 percent of those polled with 37 percent opposing it.
Deal also confirmed that one option being explored is the possibility of the City of Atlanta issuing up to $300 million in bonds for the public-funding portion of the deal. The Atlanta Falcons thrifty car rental coupon upgrade and the National Football League would be responsible for pay for the balance of the project including any possible cost overruns.
The legislature, during the 2010 session, approved extending the City of Atlanta's hotel-motel tax to either renovate the Georgia Dome or build a new stadium — as long as it is built on land owned by the Georgia World Congress Center thrifty car rental coupon upgrade Authority.
That hotel-motel thrifty car rental coupon upgrade tax, which also applies to hotels and motels in unincorporated Fulton thrifty car rental coupon upgrade County, is expected to generate about $300 million. thrifty car rental coupon upgrade Currently, the GWCCA has a $200 million bonding capacity that was used to build the Georgia Dome more than 20 years ago. But the governor said it is not clear whether that $200 million bonding capacity could be applied to the new stadium without having to be approved by the legislature.
thrifty car rental coupon upgrade The governor said that one possibility would be to see if there was a way to revise the $200 million GWCC bonding capacity so that it would operate as a line of credit for the convention center rather than earmarked for the Georgia Dome. "That is one possibility," Deal said.
The governor thrifty car rental coupon upgrade also made a point to emphasize that hotel-motel taxes belong to the local jurisdictions that collect the tax, and the City of Atlanta's hotel-motel tax was "going to be the only source of revenue" from public dollars for the new stadium project.
Ok...so am I missing something here? The City has to issue the bonds and when paid the ownership goes to the State???? The State contributes nothing other than their blessing thrifty car rental coupon upgrade and they get the stadium when Atlanta finishes paying for it. There is no public money (not counting the hotel tax which would be collected regardless) going into this project. Why on earth does the State have to inject itself into Atlanta's affairs on a constant basis?? thrifty car rental coupon upgrade I thought Republicans were all about "local control"?
thrifty car rental coupon upgrade In this particular case, the State of Georgia has to be actively involved because it is the State of Georgia that owns the land that the Georgia World Congress Center and the Georgia thrifty car rental coupon upgrade Dome sit on and because state law currently requires that any change in bonding capacity for the state-controlled GWCCA (Georgia World Congress Center Authority) must be approved by the Georgia Legislature.
It was also the State of Georgia that originally funded the $214 million cost of construction of the Georgia Dome, likely because the state has a much-larger bonding capacity than the City of Atlanta.
That means that with the amount thrifty car rental coupon upgrade of money that the state has invested in the Georgia World Congress Center/Georgia Dome property, the state has a lot of public money riding on the fate of that particular area of the City of Atlanta, meaning that the state has a heckuva lot of "skin in the game" so to speak.
The problem is that the appearance of the act of the State Legislature voting to approve an increase in the bonding capacity of what is basically a state agency in the GWCCA that controls the Georgia World Congress Center/Georgia Dome property is a very-unpopular proposition politically right now, despite the fact that the hotel-motel tax that would fund that increase in bonding capacity would be collected entirely within the corporate limits of the City of Atlanta.
By current state law and due to the amount thrifty car rental coupon upgrade of money that the state already has tied up in the property around the Georgia Dome and the Georgia World Congress Center, there is no way around direct hands-on state involvement in this issue.
Well, if there was ever a day to make a move on a new stadium today would be the day since everyone is totally and completely distracted by the surprise news and sudden announcement of Georgia U.S. Senator Saxby Chambliss' impending retirement.
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The Last Democrat in Georgia { Joe Frank Harris {{{"When I say70% subsidy for MARTA what I am talking about is that fare collections (ie user collections) only cover about 30% of... } – Aug 10, 3:43 PM
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