I think people are confused about the the 90 mil cost reduction.
Its not that the 1.2 billion dollar stadium will now cost just over 1.1 billion. I means that 1.2 billion stadium that would ACTUALLY have cost 1.6 to 2 billion when factoring in the interest from the loan will cost 90 mil in less interest.
Anyone who has purchased a home can tell you the little shocker you see when you look at the "truth in lending" form that shows that the 600K house you are buying will actually cost you over 1 million when you factor in interest over 30 years.
Bottom line....don't start looking for any rebates on your SBLs. All the Stadium Authority is doing is taking advantage of a better interest rate.
[ Edited by Marvin49 on May 2, 2013 at 8:38 AM ]