Regina Roads I’m very passionate about this topic because on my way home everyday the roads are very bad. Last year balfours parking lot was so bad that I couldn’t even drive 10 kilometres/hour without my car bouncing, it ruined my cars suspension and I had to pay thirteen hundred dollars to get it fixed. There have been times when there would would be a huge pothole and they don’t put a pylon on or near it, next thing you know you bottom out your car. They are wasting all their money on the new stadium, their budget is no good. Regina roads have been super bad for so long. If I were in charge I wouldn’t spend millions on a new stadium, I would put the money to useful things around the city. The old stadium isn’t that old, everything
The first and obvious option would be for billionaire owners to just pay for their own stadiums that we know they can afford. Other options include not resorting to building a new stadium every time they get a little old. Many teams like the Green Bay Packers and the Chicago Bears have been successful in maintaining their stadiums without getting a new one, and they have two of the oldest stadiums in all of sports. Between professional baseball and the NFL there were 17 new venues built from 1994 to 2000 with an average cost of $286 million, and 66% of it came from public funding (Rappaport, Wilkerson, 2001). In the same sports and the same 6-year span, there were six renovations done to stadiums costing an average of $110 million at an 88% public funding average (Rappaport, Wilkerson, 2001). What these statistics show is that it is much more economically friendly to renovate a stadium than to build a new one, and it shows that the public is willing to put a higher percentage in helping pay for it as
The rise in popularity of professional sports over the last century has brought financial gain and stability to many facets of the economy. Whether it is a new franchise, stadium, or the signing of a big-name player, these activities bring attention to a region or group and influence often comes as a result of that attention. Money brought into an area from ticket revenue, hotel bookings, merchandise sales, and other businesses are impacted financially when a stadium is built. The economic influence a stadium brings to a local economy is a positive one. Many factors come into play when anticipating the construction of a new stadium.
Thus we can see why public money is eagerly donated. The full costs of a stadium and the damage it does to communities are often years in the future, long after the politician is known for being the hero that save our local team and has moved on to bigger and better things, now with the campaign funding of the very teams that they built homes for and the fans who continue to pay. Team owners can choose new cities but cities can’t choose new teams thanks to the leagues government-sanctioned monopolies over franchise placement, mayors for example, feel they must offer owners anything they want. “Politicians continue
Proponents of subsidizing sports stadiums is a great decision because the economic impact it will have on the community is great for two main reasons. First, sports stadiums are massive construction projects. In fact, one could compare them to a medieval cathedral in their attempts to dominate a skyline and inspire pride in one’s city And, just like these cathedrals, they are very expensive, and massive building projects that would require many years of hard painstaking labor. For example, the proposed stadium for the Los Angeles Rams in Inglewood, California, was predicted to cost $3 billion and add 22,000 construction jobs to the economy of Los Angeles, California. Although construction jobs do eventually disappear once a stadium is constructed once the games begin, so does the massive consumer spending. For example, more than 3.5 million people saw the St. Louis Cardinals play at Busch Stadium in 2015.
We, the Houstonians, need our roadways vastly improved as it’s beyond a necessity. As of right now, they’re only a ticking time bomb that could change Houston’s economy in just a few days. If such things as road maintenance, safety laws and measures to reduce congestion aren’t put in place, then our future is
Why do you think McCarthy has chosen not to give his characters names? How do the generic labels of “the man” and “the boy” affect the way you /readers relate to them?
Stadiums to Parks; Arenas to Lanes; Coliseums to Fields. A football team is associated with their home. It’s where the fans pile in week in week out, friends and families alike. It’s where they live their Saturday afternoons and where they worship their heroes on the pitch. It’s a social hub and a sanctuary. But where is the Kia nightclub or the Betfred Mosque. With almost half the stadiums in the
Each of the stadiums are funded in unique ways, communities do not benefit from new stadiums, and stadiums do not save a struggling downtown. Foremost, stadiums hurt public schools, and this money should be used for more important public services. There are many reasons we subsidize sports, but stadiums do not help the economy, and there are no net benefits from stadiums. Teams strive for new stadiums to create an image, but there are options so that a community will not loose a team to another city without building a new stadium.
In the United States, new sports stadiums are commonly seen as a vital part of the redevelopment of a city having a great economic growth with the production of jobs and a positive income builder. After this, the owners of the pro sports teams with millions and millions of dollars of subsidies for the construction of new stadiums and arenas and expect these facilities to generate economic benefits exceeding these subsidies by large margins. However, a growing body of fact indicates that professional sports facilities, and the franchises they are home to, may not be engines of economic benefit anywhere claims Sachse, “. In reality, sports franchises typically account for a very small proportion of the total economic output of the cities in which they reside.” Some economical studies on the amount of income and employment in US cities find no evidence of positive economic benefits associated with past sports facility construction and some studies find that professional sports facilities and teams have a net negative economic impact on income and employment. It just shows that these results suggest that at best, professional sports teams and facilities provide non-pecuniary benefits like civic pride, and a greater sense of community, along with consumption benefits to those attending games and following the local team in the media; at worst, residents
Halifax, Nova Scotia has grown significantly over the past one hundred years. It has developed immensely economically, geographically as well as in population. Many factors have contributed to the evolution of this traditional Atlantic Ocean port city into one of the most modern cities in Canada. Its growth has been mad possible by many of its important geographical characteristics that have become the envy of many seaboard towns across North America. Its drastic incline in population since confederation, has been helped by Pier 2 and 21 which was where many immigrants set foot on Canadian soil for the first time.(1) As the population of Halifax increased the city needed to expand geographically in order to house the thousands of new
The reason for the subsidies of these stadiums over recent years has been the incredible cost of construction. There are over 100 various sports stadium in the U.S. with sixty-four new major league facilities alone have been built over a 16 -year span beginning in the early 1990’s at a combined costs of over $20 billion (Sanderson). One high profile example is of the new Yankee Stadium in New York: “The construction cost is expected to be around $1.3 billion… New York City is projected to spend $220 million on infrastructure and various other improvements across the area” (Robertson). The extra expenditure is the type of costs that investors primarily like to argue as the reason for the subsidies. Since the money is being spent on increasing
Unfortunately, these arguments contain bad economic reasoning that leads to overstatement of the benefits of stadiums. Economic growth takes place when a community's resources--people, capital investments, and natural resources like land--become more productive. Increased productivity can arise in two ways: from economically beneficial specialization by the community for the purpose of trading with other regions or from local value added that is higher than other uses of local workers, land, and investments. Building a stadium is good for the local economy only if a stadium is the most productive way to make capital investments and use its workers.
• Q: What is the impact of the sale of the stadium transaction on Ciclón’s 2003 Income Statement and Statement of Cash Flows (under the Indirect Method), and on its Balance Sheet for the year ended on December 31th, 2003? Items to be addressed cash payment of $ 100 million cost of building the new stadium was $ 20 million market value of the land was $ 12 million the book value of the old stadium was $ 1 million useful live of the stadium was 40 years demolition cost at end useful live estimated $ 5 million (I take it as estimated $ 5 mio in 2043).
Potholes has been an issue for a long time and the state had not done anything to this problem yet. This is a problem for the Metro Detroit area. People are complaining about their cars being broken or their tires being popped because of the potholes. Also the reason why some people have an accident is because they have to avoid the potholes that are all over the streets. The people that fixes the streets takes them a whole year to fix it. Why does it take forever to fix a pothole on the street? They have the whole spring and summer to fix the potholes. Last year the mayor did promise that they will fix the potholes in the areas, but it never happened potholes are really an issue and we have to fix about that.
After the success of “Rippling Water” we’ve decided to start working on another EP. We’ve entitled this project “Market Road” which we got from the term, commonly used in Texas, “Farm to Market Road”, meaning “a state road or country road that connects rural or agricultural towns to market towns.” These roads would quite often have signs labeling them as “Farm roads” or “Ranch Roads”. We felt as if the term suited the band well for the amount of “Farm to Market Roads” there are in Nova Scotia. So we’ve called this project “Market Road”. “Market road” is an EP concept focusing on the local surroundings of Halifax and places all over Nova Scotia. The EP will have 7 songs on. Our sound will remain the relax folk sound we have stayed with our entire journey. We chose to do an EP because in our opinion it much better to have 7 solid, good songs then 14 songs that are half good half okay.