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View Full Version : Goodyear Funding Details and Reds sign MOU



JaxRed
04-02-2008, 07:50 PM
http://www.westvalleyview.com/main.asp?SectionID=2&SubSectionID=1&ArticleID=30558

Details of funding (bed tax so no vote), Reds sign MOU today and vote of council still 5 days away

UKFlounder
04-02-2008, 08:02 PM
Wow. Things are starting to move again, it appears.

Interesting that they intenionally chose a funding method that requires no vote.

I hope all works out the best for the Reds in the long run.

RBA
04-05-2008, 05:38 AM
http://cincinnati.reds.mlb.com/news/article.jsp?ymd=20080404&content_id=2490246&vkey=news_cin&fext=.jsp&c_id=cin

RBA
04-05-2008, 05:43 AM
http://www.heraldtribune.com/article/20080404/NEWS/804040453/1006

Yachtzee
04-05-2008, 11:52 AM
http://www.heraldtribune.com/article/20080404/NEWS/804040453/1006

Wow, Goodyear is making a lot of assumptions about growth that may or may not pan out. Going from 56,000 to 330,000 is a big leap. That's like saying that Goodyear is going to grow from slightly larger than the size of Middletown to the size of Cincinnati in 22 years. Could it happen? Sure. I assume they're basing it off of current growth rates. But a lot of things can happen in 20 years that affect growth rates. For all we know, global warming and increased energy costs could make living in Arizona unbearable in the coming years, resulting in a migration to cooler climates. If I were a resident of Goodyear, I would be very concerned that the city will be handcuffed by debt if the deal they are offering the Reds is based on that expected growth rather than current ability to pay.

M2
04-05-2008, 12:24 PM
Wow, Goodyear is making a lot of assumptions about growth that may or may not pan out. Going from 56,000 to 330,000 is a big leap. That's like saying that Goodyear is going to grow from slightly larger than the size of Middletown to the size of Cincinnati in 22 years. Could it happen? Sure. I assume they're basing it off of current growth rates. But a lot of things can happen in 20 years that affect growth rates. For all we know, global warming and increased energy costs could make living in Arizona unbearable in the coming years, resulting in a migration to cooler climates. If I were a resident of Goodyear, I would be very concerned that the city will be handcuffed by debt if the deal they are offering the Reds is based on that expected growth rather than current ability to pay.

Back in the 1950s a lot of the suburban towns around major eastern and midwestern cities projected that they were going to grow to 100,000+ urbs. It never happened.

Sea Ray
04-05-2008, 02:12 PM
I question whether a second team as in Goodyear's case is worth the money but that's for them to decide

Unassisted
04-05-2008, 02:22 PM
Back in the 1950s a lot of the suburban towns around major eastern and midwestern cities projected that they were going to grow to 100,000+ urbs. It never happened.If energy prices continue to rise, the resulting electric bills will take much of the appeal out of living in the desert.

RBA
04-05-2008, 03:43 PM
If energy prices continue to rise, the resulting electric bills will take much of the appeal out of living in the desert.

Good fit for solar and wind power.