Re: The Taxpayer Fraud in regards to the Yum! Center
Originally Posted by joshnky
The problem is not the arena itself but the economic impact of the arena. Tax revenue from the surrounding restaurants was far over estimated.
Kentucky fans love to bash UofL on this but they're supplying well attended events. They wanted an on-campus arena but the city wanted it downtown and gave a very favorable deal to get them to agree.
TIF financing can be bad news for municipalities in this environment. The YUM Center is a shining example.
How do we know he's not Mel Torme?