Because not enough components of the deal are in place yet. As I alluded to (above post) there's too many variables in place and it's unknown yet whether the stadium will ultimately funding with municipal bonds (mostly likely) over with some other bonding mechanism.

 

Hope that helps.

The bonds would be tax free correct?

The interest will have to be payed no matter what.

Land is the key, if the municipality can offer a nice lease like a certain PPS has $1 for 99 years then that would help.

Because not enough components of the deal are in place yet. As I alluded to (above post) there's too many variables in place and it's unknown yet whether the stadium will ultimately funding with municipal bonds (mostly likely) over with some other bonding mechanism.

 

Hope that helps.

The bonds would be tax free correct?

The interest will have to be payed no matter what.

Land is the key, if the municipality can offer a nice lease like a certain PPS has $1 for 99 years then that would help.

It remains to be seen. That would imply municipal bonding, but you are most probably correct, thus the low interest the Marlins are counting on.