Welcome to the Future!
Mississippi State Senator Mike Seymour entered the race for his seat due to his opposition to eminent domain and China…. In his words:
“”The thing that separates us from Russia and China and all is our property rights. I understand eminent domain for transportation and stuff like that but when it comes to economic development, it shouldn’t be the government taking your property and selling it to another entity to generate more tax revenue. That’s not America. It’s something that…
In Atlanta people sued when Cobb County tried to seek bonds to finance a stadium for the Braves.
The Court boiled it down to “national pasttime” and “economic benefit.” the Atlanta Braves are a public benefit.
Field of Schemes NBC 11 Alive Atlanta Athletic Business
DC United is building a new futbol stadium. For the American audience, a futbol stadium is used for a sport that Americans calls soccer. Now that we’re on the same page, stadiums are expensive.
In structuring the DC United Stadium deal, it calls for D.C. United to reimburse D.C. 50% of the excess cost (above $89 million on land acquisition and $61 million on land preparation) to a maximum amount of $10 million, paid in annual installments as part of the team’s ground lease.
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