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Public Comment
From:Gibran E Stout <
Sent:Wednesday, September 30, 2020 3:59 PM
To:Public Comment
Subject:Stadium Sale -
As with all things in life, “value” is a VERY subjective, and EVER CHANGING thing PLUS in a NORMAL world, Real Estate
values constantly fluctuate & cycle. However, in the current crazy world & economy, we need to take a breath & step
back.
Clearly the value of such a venue has plummeted in in the current pandemic economy. However, the old adage “bird in
the hand” also holds true.
I think that there needs to be some broader, more creative problem solving here. By selling an (income/revenue)
producing asset below “value”, with incentives/guarantees of future revenue guarantees could very well be a brilliant
strategy given the very real possibility that the future of large gathering (& stadium value) is so SO uncertain…
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