I watched this video twice. And several things are very clear;
• Sanford has donated land for a new ice facility
• They formed a non-profit to collect private corporate donations
• They clearly explain why (they think) there is a need for a facility.
Where it gets a little fuzzy is at the end when they bring up ‘the city of Sioux Falls’ this could be a mirade of things. A TIF district? That’s cool. Or a substantial donation from the city plus a subsidy? I’ll say it again, if you want this facility to be successful and self-sufficient, which seems possible according to your ‘need’ argument, you need to keep the city’s money out of the deal. Taxpayers are tired of white elephants in this city.
I would love to see the ISA explain further what they mean by the ‘city of Sioux Falls’ involvement in the project.
[youtube]http://www.youtube.com/watch?v=5WEHM7iIjX8[/youtube]