Local Virginia Beach Babbitts recently floated a plan to shovel money to developers to build a sports palace.
(Or was that “build a sports palace to shovel money to developers”? The object of the subject sometimes transposes.)
They might want to consult with their fellows in Glendale, Arizona.
The annual debt payment is two to three times that, $23 million to $29 million this year, depending on whether the city can successfully refinance. In addition to the debt payment, the city will pay millions more for someone to manage Jobing.com Arena.