Seeking the Sinking Fund Commission
and no.... the Sinking Fund commission is not a euphemism for the Pension Board. Maybe it should be, but that is another topic.
I also wonder what this all means for the future of the Stadium(less) Authority which may be getting new board members. Time to wind down the Stadium Authority is it not? The stadium it was created to fund is long gone, but neither the notional local government it spawned (the Stadium Authority is itself a public authority like so many others), nor even an old web site, will go away.
Some say merge the Stadium Authority into the SEA, with which it shares a staff, director and offices. Problem there is the SEA has joint city and county governance, whereas the Stadium Authority is entirely a vestige of the city. In the end it is all about debt and who owes what and under what covenants. If anything, the Stadium authority is more likely to be absorbed by the URA if the legal beagles can figure out how to negotiate that.
I've said this before, but the future is all about what happens on the board of the PWSA.