Reference no: EM131111694
Details:
There are several notable legal issues related to facility financing proposals, team relocation, and property acquisition for new stadiums and arenas. The purpose of this assignment is to analyze facility financing legal issues involved in prefinancing, postfinancing, and eminent domain.
In 1,000-1,250 words, address each facility financing issue listed below:
Prefinancing:
Since taxpayers often bear a significant bulk of the cost relative to facility financing proposals, it has become fairly common for new stadium proposals involving public financing to be challenged in the courts. Groups who challenge stadium financing proposals make three primary legal arguments. Identify and explain each of these arguments, citing at least two specific cases.
Postfinancing:
There are additional legal challenges that arise after a stadium has been financed and built because a team threatens to leave for another city with a newer stadium or arena. Identify two specific examples of cities exercising their contractual rights under the stadium or arena lease agreements either to prevent a team from leaving or to slow its departure.
Eminent Domain:
Modern day stadium or arena projects commonly include hotels, restaurants, shopping malls, and other commercial developments. In these types of projects, the privately held surrounding commercial and residential properties are vulnerable to being taken over by the city or county. Explain the concept of eminent domain and provide one example of a notable eminent domain controversy.
You are required to reference at least two academic resources for this assignment.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
|
How might global warming affect public health
: hink about the effects of global warming and pick one event, such as an extreme weather incident. How might this affect public health? Utilizing the information that you have learned
|
|
What is the term structure of interest rates
: What is the term structure of interest rates, and how is it related to the yield curve?
|
|
Are issues of competency going to come up
: Will you look for any specific personality characteristics in the client? What are they and why will they help or hurt your case? Are issues of competency going to come up? Discuss information about what types of people are more at risk with coerc..
|
|
What is the real rate of interest
: What is the real rate of interest? Differentiate it from the nominal rate of interest for the risk-free asset, a 3-month U.S. Treasury bill.
|
|
Legal issues related to facility financing proposals
: There are several notable legal issues related to facility financing proposals, team relocation, and property acquisition for new stadiums and arenas. The purpose of this assignment is to analyze facility financing legal issues involved in prefina..
|
|
Coefficient of correlation relating weight change
: Researchers at the University of Toronto conducted a series of experiments to investigate whether a commercially sold pet food could serve as a substitute diet for baby snow geese (Journal of Applied Ecology,Vol.32. 1995).
|
|
How long will it take if she has to pay 15
: If Mia can borrow at a 12% annual rate of interest, how long will it take for her to repay the loan fully? How long will it take if she can borrow at a 9% annual rate? How long will it take if she has to pay 15% annual interest?
|
|
How are state court systems organized
: How are state court systems organized? What is the difference between a state court and a federal court?
|
|
Contributions from its various line extensions
: Tide laundry detergent maintains the same market share it had 50 years ago because of the sales contributions from its various line extensions. It can be said that Tide employs a preemptive cannibalization strategy in generating line extensions. E..
|