Thursday, March 31, 2011

Globe and Mail Reports That Goldwater Won't Budge

David Shoalts of the Globe and Mail is reporting that watchdog Goldwater won't budge on the Hulsizer bond deal.

The bonds were going to be paid back from parking revenue. Goldwater wrote that the Yankees have a similar deal, but its parking revenue is 40% below projections. If the Yankees are having difficulties, that's not a "promising indicator" for the Coyotes.

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