Stadium-less, but not parking-less
A small newsoid yesterday that North Shore parking rates controlled by the Stadium Authority are going up. I like the line that simply explains that the rise is because: "One of the prime reasons for the increase is supply and demand". I'm not quite sure parking rates controlled by a government authority represent market prices,but no matter. I won't say it, but there is a really obvious suggestion here... Everyone else is thinking of doing it... anyone want to finish the thought?
Also, and again.... why exactly does the Stadium Authority still exist?
Long ago, I took this picture series myself:
Also, and again.... why exactly does the Stadium Authority still exist?
Long ago, I took this picture series myself:
posted by C. Briem at Thursday, December 24, 2009
2 Comments:
Am I reading it correctly that those lots are controlled by the Stadium Authority, meaning the city-controlled entity that manages a non-existent facility? How is the Stadium Authority still allowed to exist - and where does the money raised from these parking lots go?
Authority still has debt.
Can't eliminate an authority that has debt.
Can't afford to pay off debt (nor is there a real reason to other than the absurdity of the situation).
Thus, a Stadium Authority without a Stadium exists.
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