Author Topic: Potomac Nationals New Stadium - Fredericksburg!  (Read 18461 times)

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Offline NJ Ave

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Re: Potomac Nationals New Stadium Watch
« Reply #100: March 03, 2017, 09:11:54 AM »
I mean, this is what the former County planning director said in that article - my comments bolded: "In an interview Thursday, Snyder said the deal is a “bad” one for the county, mostly because the shopping center will retain ownership of the land (why would the County gain ownership of land that the PNats are reimbursing the rent for?) and hike the rent 10 percent every five years (which is something like a 1.5% increase if applied annually, which seems fairly friendly actually), totaling more than $17 million over the life of the lease."