News Project Marvel

I’ve lived in San Antonio for over 30 years. If the Spurs were to leave San Antonio, in 10 years we would be a lot closer to a giant Laredo with a Sea World than even a city like Austin
 
the fact that you dont get the comparison shows you too are speaking from yr ass. SA is a small town despite the massive size. It feels small town compared to every other TX city including the one 60mi up north. It feels old and run down.

I really don't know yr agenda , are you just here to shit on SA and blast "IM SMARTER THAN 95% of posters" ?
SA metro area is 10 times the population of Laredo. What you "feel" is wrong. There's no objective argument to the population and tax base.

People should know exactly what they are voting for, the cost, and who handles the eventual cost overrun. But they won't. You'll bad mouth any politicians that try to push back on the city getting screwed, call them communist or any myriad of other terms you know nothing about, and proceed to get bent over by billionaires again and again.

Cities could get better deals on these things, and more out of them, if the electorate was educated and motivated to know exactly what they're getting if they vote yes. Yet they never are and continue to vote with fear and emotion.

Remember the late 90s and the whole "new Spurs arena will revitalize the east side with growth and entertainment" bullshit that was sold to us? I was in SA back then. I remember.
 
SA metro area is 10 times the population of Laredo. What you "feel" is wrong. There's no objective argument to the population and tax base.

People should know exactly what they are voting for, the cost, and who handles the eventual cost overrun. But they won't. You'll bad mouth any politicians that try to push back on the city getting screwed, call them communist or any myriad of other terms you know nothing about, and proceed to get bent over by billionaires again and again.

Cities could get better deals on these things, and more out of them, if the electorate was educated and motivated to know exactly what they're getting if they vote yes. Yet they never are and continue to vote with fear and emotion.

Remember the late 90s and the whole "new Spurs arena will revitalize the east side with growth and entertainment" bullshit that was sold to us? I was in SA back then. I remember.
Didn't the Spurs already say they'd handle any cost overrun?
 
SA metro area is 10 times the population of Laredo. What you "feel" is wrong. There's no objective argument to the population and tax base.

People should know exactly what they are voting for, the cost, and who handles the eventual cost overrun. But they won't. You'll bad mouth any politicians that try to push back on the city getting screwed, call them communist or any myriad of other terms you know nothing about, and proceed to get bent over by billionaires again and again.

Cities could get better deals on these things, and more out of them, if the electorate was educated and motivated to know exactly what they're getting if they vote yes. Yet they never are and continue to vote with fear and emotion.

Remember the late 90s and the whole "new Spurs arena will revitalize the east side with growth and entertainment" bullshit that was sold to us? I was in SA back then. I remember.

yeah that was then and this is now. The east side is an ungentrifiable mess whereas downtown is one of the few things San Antonio has going for it from a tourism/entertainment standpoint.

Didn't the Spurs already say they'd handle any cost overrun?
it’ll never be enough for these kind of people.
 
SA metro area is 10 times the population of Laredo. What you "feel" is wrong. There's no objective argument to the population and tax base.

People should know exactly what they are voting for, the cost, and who handles the eventual cost overrun. But they won't. You'll bad mouth any politicians that try to push back on the city getting screwed, call them communist or any myriad of other terms you know nothing about, and proceed to get bent over by billionaires again and again.

Cities could get better deals on these things, and more out of them, if the electorate was educated and motivated to know exactly what they're getting if they vote yes. Yet they never are and continue to vote with fear and emotion.

Remember the late 90s and the whole "new Spurs arena will revitalize the east side with growth and entertainment" bullshit that was sold to us? I was in SA back then. I remember.
This vote is for money that the City of San Antonio would never ever ever be able to get their hands on for any general revenue funds.

The City of San Antonio has never actually funded an arena for the Spurs.

Look at entertainment districts that have worked, this one is modeled after the ones that have worked. This is what the future is for this city. And its well past due. Downtown is a fucking disaster.
 
This vote is for money that the City of San Antonio would never ever ever be able to get their hands on for any general revenue funds.

The City of San Antonio has never actually funded an arena for the Spurs.

Look at entertainment districts that have worked, this one is modeled after the ones that have worked. This is what the future is for this city. And its well past due. Downtown is a fucking disaster.
Part of the disaster is the Alamo restoration project imo; sucks now but long-term it'll be great (might even get National Historic Park status). That said it did shutter a lot of popular bars/attractions. RIP Moses Roses tbh.
 
Part of the disaster is the Alamo restoration project imo; sucks now but long-term it'll be great (might even get National Historic Park status). That said it did shutter a lot of popular bars/attractions. RIP Moses Roses tbh.

That and our moronic urban planner deluxe former Mayor Ivy Jones was literally retarded when it came to urban planning.

Plus over half of downtown literally being ignored for decades. Between Project Marvel and the new Missions stadium, this may be the catalyst for growth downtown has severely needed.

That Alamo project gets done like it has been promised and you really have something cooking potentially.
 
SA metro area is 10 times the population of Laredo. What you "feel" is wrong. There's no objective argument to the population and tax base.

People should know exactly what they are voting for, the cost, and who handles the eventual cost overrun. But they won't. You'll bad mouth any politicians that try to push back on the city getting screwed, call them communist or any myriad of other terms you know nothing about, and proceed to get bent over by billionaires again and again.

Cities could get better deals on these things, and more out of them, if the electorate was educated and motivated to know exactly what they're getting if they vote yes. Yet they never are and continue to vote with fear and emotion.

Remember the late 90s and the whole "new Spurs arena will revitalize the east side with growth and entertainment" bullshit that was sold to us? I was in SA back then. I remember.
guys, i think we found the SA mayor burner account here...
 
I agree that it is a focus issue. The focus should be a revitalization of downtown, growing the tax base, increasing our tourism appeal, and the Spurs being a partner to help draw people to the area. By being partially successful in reframing this as "your taxes going to billionaires", the naysayers are eroding support for the district.

We are using tourist taxes to fund future tourism.
 
This is all so dumb. Spurs should decrease their offer if this doesn’t pass. Say this is the last offer or we will relocate the team you cabrons. I could maybe understand if the team has a bleak future, but they have the possible torch bearer for the league on the team.
 
The voter turnout for this is going to be small as the polls are suggesting, at this point anything can happen. What happens if the propositions are turned down during this vote? From what I've gathered, I could be wrong, but this current deal would be squashed and a new deal would be worked by Gina and the city council.
 
The voter turnout for this is going to be small as the polls are suggesting, at this point anything can happen. What happens if the propositions are turned down during this vote? From what I've gathered, I could be wrong, but this current deal would be squashed and a new deal would be worked by Gina and the city council.
gina will stall and muddy things up as best she can for the remainder of her term. this is her “stick it to le rich billionaires!!1” moment she’ll use to try to grift her way to senator and beyond
 
At the end of the day, the Spurs have to know if they are getting a healthy ROI on the $2B or so they would invest. that's a hell lot of money and the Spurs are really sending a message of how much they wanted to stay in SA by investing $500M in the arena (plus cost overrun, which is highly risky), $1.5 B or so in the surrounding development and community. Over a span of 30 years, the Spurs are saying, before interest, they would have to make $67M per year extra in this new arena just to break even, so the new area is not going to be attractive to the Spurs unless it nets them $80M or so a year extra. Total back of the envelop, didn't put in finance payment terms and stuff like that, but the general idea is that the Spurs are putting up a LOT in the arena.

The city on the other hand, is looking at $489M, which will be funded totally by hospitality tax dollars. This is over a 15 year period, so getting taxes from tourism at $33M or so a year isn't ridiculous.

Of course, this is all saying everyone will do what they say they will do, which isn't a given. A look around the league and cities usually chip in around $500M to up to $1.2B in subsidies, while teams putting in anything over $150M is significant. The Spurs are putting $500M just in the arena, and actually close to $1.5B in the surrounding area, which is basically paying the city to revitalize a downtown that should've been revitalized decades earlier. The city is getting about as good a deal as it would get.

I am not getting why anyone would be against this.
 
gina will stall and muddy things up as best she can for the remainder of her term. this is her “stick it to le rich billionaires!!1” moment she’ll use to try to grift her way to senator and beyond
If she torpedoes this, she wouldn’t be able to win an election for dog-catcher.
 
The voter turnout for this is going to be small as the polls are suggesting, at this point anything can happen. What happens if the propositions are turned down during this vote? From what I've gathered, I could be wrong, but this current deal would be squashed and a new deal would be worked by Gina and the city council.
The Spurs would have to agree to work with her, which I don’t see,since this is the best offer they will ever make,and she’s opposed this at every turn with ignorant takes.

I think they would just roll it out again next year with the same players in the same format.
 
because most fat americans can‘t comprehend the financing. They are still thinking the arena will be built from their hard earned tax money which is not the case.

I dont live in SA so I dont care, but for those of you that do, if you think your taxes won't rise eventually to fund a large part of this you're naive and delusional. You the taxpayer in SA will foot the bill for most of it, regardless of the bullshit the billionaires try to sell you.

The exact deal and language of it should be completely disclosed to the tax payer before there's any vote on this, but that won't happen. Let's face it, 95+ percent of the electorate are ignorant morons who wouldn't comprehend the back handed ways in which the Spurs and city are going to fuck you over on this.

Up here where I live in the metroplex they're talking about creating a new stadium for the Dallas Stars in my city. I'm a big Stars fan, but I don't want to foot the bill for a stadium when their current one in downtown Dallas is great already. But the billionaire owner wants to also own and control all of the entertainment venues around the stadium, and he can't in downtown Dallas. So he'll find a way to fuck us citizens out of the money to make it happen. Because "we the people" are mostly fucking morons.
here's one of them
 
Karlis is really trying to make his name as an investigative reporter on this story and the general dysfunction at City Hall. The message he referenced does not say "if you vote against the arena, you support Greg Abbott". It implies no support for him and is just meant to rile up people who are already against the new arena. But I don't get HOW Abbott and Patrick would get access to existing tourist dollars or tourist dollars raised as part of this process.
 
I want the Spurs to stay in San Antonio but I also want the city to get the best deal possible.

As far as I understand, the tourism tax money isn't an issue of either give it to the Spurs for the arena or flush it down the toilet. No, no, no.

Now, I'm not saying a lot, perhaps even most, of San Antonians don't have idiotic opinions, they do, but I'm also saying that this tourism tax money could be used for education and other very vital and underfunded "things" - and with the way the winds are blowing, one shouldn't expect state and federal funds to keep everything afloat. We are in a time of severe economic uncertainty in a city with the worst education in the country.

I think acknowledging that when approaching this decision is an honest way to discuss it. For people who don't live here in SA I can see how this wouldn't affect you, but hey, you aren't the one voting.

Just the ramblings of an armchair endocrinologist...
 
I want the Spurs to stay in San Antonio but I also want the city to get the best deal possible.

As far as I understand, the tourism tax money isn't an issue of either give it to the Spurs for the arena or flush it down the toilet. No, no, no.

Now, I'm not saying a lot, perhaps even most, of San Antonians don't have idiotic opinions, they do, but I'm also saying that this tourism tax money could be used for education and other very vital and underfunded "things" - and with the way the winds are blowing, one shouldn't expect state and federal funds to keep everything afloat. We are in a time of severe economic uncertainty in a city with the worst education in the country.

I think acknowledging that when approaching this decision is an honest way to discuss it. For people who don't live here in SA I can see how this wouldn't affect you, but hey, you aren't the one voting.

Just the ramblings of an armchair endocrinologist...
Actually, it can’t. There are very narrow uses for this kind of funding, and those ain’t it. It’s for infrastructure.
 
I want the Spurs to stay in San Antonio but I also want the city to get the best deal possible.

As far as I understand, the tourism tax money isn't an issue of either give it to the Spurs for the arena or flush it down the toilet. No, no, no.

Now, I'm not saying a lot, perhaps even most, of San Antonians don't have idiotic opinions, they do, but I'm also saying that this tourism tax money could be used for education and other very vital and underfunded "things" - and with the way the winds are blowing, one shouldn't expect state and federal funds to keep everything afloat. We are in a time of severe economic uncertainty in a city with the worst education in the country.

I think acknowledging that when approaching this decision is an honest way to discuss it. For people who don't live here in SA I can see how this wouldn't affect you, but hey, you aren't the one voting.

Just the ramblings of an armchair endocrinologist…

The hotel tax $$ can’t even go towards “education”or gvmt assistance programs lol
 
As I said I'm just an arm chair endocrinologist...I stand corrected. So convention center, tourism, and puppet shows. I expect a damn good puppet show then. Ha
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Ok, I looked it up and here is a brief explanation on how they arrived at "the money goes to Abbott".


"The Spurs’ text message appears to refer to San Antonio’s Project Finance Zone (PFZ), which was approved by the state legislature in 2023.

As part of that deal, the state is allowing San Antonio to keep revenue generated by hotel occupancy, sales and mixed beverages taxes collected within a three-mile radius of Hemisfair to use for a new arena.

The funds are kept in a closed account, and San Antonio has until 2028 to claim the money before the state dissolves the account and keeps the cash for itself."
 
As I said I'm just an arm chair endocrinologist...I stand corrected. So convention center, tourism, and puppet shows. I expect a damn good puppet show then. Ha
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This is the most frustrating thing too; if you’re actually an endocrinologist (meaning baseline level of professionalism/intelligence) and this is your read on the situation imagine the average voter smfh
 
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