Tag: Chris Hansen

SHOULD THE CITY INVEST IN THE SODO ARENA?

August 7th, 2012

The City Council is considering whether it should approve public financing to support the construction of a new arena south of Safeco Field.  It appears likely that constructing a new arena to bring an NBA basketball team to Seattle can be done without City participation.  The land is zoned to permit its construction, and the […]

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HOW YOUR PROPERTY TAXES WILL PAY FOR THE NEW ARENA

June 6th, 2012

Seattle property owners will actually fund about $15 million of the City’s proposed $120 million investment in the proposed basketball/hockey arena to be developed south of Safeco Field, even though publicity for the project has suggested that repayment of this investment will come entirely from revenues associated with the arena, not taxpayers, and, further, that […]

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