38050Re: [hockhist] Canadian Billionaire Confirms Interest in Ottawa Senators
- Feb 1, 2003on 2/1/03 10:45 AM, William Underwood at wausport@... wrote:
> The problem with Golisano was more that he wantes state funds that aren'tAccording to a piece in today's Buffalo News, Golisano wanted state tax
breaks and "county revenue givebacks."
He and the state are on the same page about at least one issue: no state
money for Adelphia's or the Sabres' creditors.
Whereas Hamister wants actual cash money. He wants a $21.4 million loan from
the state of New York, as well as $10 million for arena improvements,
"energy price breaks and other assistance."
Governor Pataki is adamant that Hamister will receive no state money. For
one thing, the state just doesn't have the money. For another, it would blow
up in Pataki's face if state money were to find its way into the pockets of
Oddly enough, the state _would_ consider funding the capital improvements
that Hamister wants at the HSBC Arena.
Anyway, here's a link:
Lloyd Davis Publishing Services
201-488 Danforth Avenue
Toronto, ON M4K 1P6
416 465 6999 /// 416 462 0230 (fax)
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