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How much is still owed on Lucas Oil Stadium? Bonds were issued at first in 2005….Interest rates, at that time, were high. Could there be savings by refinancing those bonds?
We know that in the next five years, there will be pressure to “renovate and improve” LOS both for the Colts and the Final Fours not to mention other potential uses. How will that be financed?
The restaurant tax that applies and has for nearly 20 years must be four times what it was then.
Does anyone look at these numbers????
If people knew the amount of debt service the City had to account for, they would be a lot less enthusiastic.
I’m less enthusiastic for a city which, I am told, was referred to as India-no-place.