Is Brandt’s offer a REAL good deal for Regina taxpayers?

MAY 6, 202628 MIN
This is Saskatchewan

Is Brandt’s offer a REAL good deal for Regina taxpayers?

MAY 6, 202628 MIN

Description

<p>The owner of the Regina Pats wants to buy the 6,000-seat venue where his team plays, along with a distillery, a nearby McDonald's, volleyball and pickleball courts, and several aging buildings used primarily during farm shows. So, what’s in the fine print?</p><p><br></p><p>Shaun Semple says it stops the city from hemorrhaging money on aging property it had no plan to fix. Along with a 100-year civic tax exemption, the Brandt Group of Companies would be entitled to other revenue-generating assets on the exhibition grounds, including buildings the city still owns. Some citizens and councillors believe the sale is too rushed and want the city to negotiate better terms.</p>