Glendale Releases "FAQ" In Regards to Goldwater, Coyotes Deal

There’s something I don’t understand about the parking rights. If the parking rights are included in the lease, their value over that period would be included in the cost to lease the building. In this case they’re putting a value of $100M on the rights. And that’s fine. If Hulsizer is selling the rights back to the city he must be paying for the parking rights or it wouldn’t be his to sell. Again, not a problem. It becomes a bit of an issue when Hulsizer is only saying there’s a guaranteed $75M going back to Glendale, which includes the lease fees. But if you follow the parking rights logic, he must be paying $100M over the course of his lease just to have the parking rights in order to sell them back to Glendale. Assuming they have a value of $100M. If not, they can be sold back at whatever value they have. But what would make more sense is if the city just retained the parking rights and reduced his lease payments by their current value. Which I assume to equal $100M over 30 years if all the numbers line up. But anyway, let’s ignore that because he wants the money up front. The real question is if he’s renting an asset and selling it back to the city they will have mutually agreed on the value of it ($100M), so there should be a guaranteed $100M in the lease just for the parking portion, not even touching the actual arena rental cost. So how is there only a guarantee of $75M?

     I don’t understand how a "watchdog" group can cause this much interference and disruption when they have absolutely no skin in the game. I could maybe respect their position a bit more if they were all Glendale residents and the outcome directly impacted them economically. At least then they would be part of the experiment that they are so apt to perform – that Glendale and Westgate will be fine if the Coyotes leave – they can just find another tenant to fill the arena. Darcy Olsen and her Poly Sci / Education degrees (no offense to anyone else with these degrees, but for someone who quotes the constitution so often, I’d prefer to see a J.D. in there) said it was just like a big box store – when one leaves, you just bring in another and all the surrounding stores are ok. Apparently she hasn’t seen all of the former Bashas’ locations around town. But they aren’t concerned because they aren’t truly affected one way or another. If the Yotes stay and they "lose", then they’ll just pretend it never happened and move onto the next issue where they can use the same tired argument – much like they moved to the Yotes after losing the City North case.
      It is very scary to me that a group with zero credibility can cause so much disruption. Why are the potential bond buyers listening to them? If 4 LAW firms and the former state Attorney General have vetted the deal, why are people scared of this group that is run by a slightly less intelligent version of Sarah Palin?
      Seriously, what can we do to show support for Glendale? I want to make signs for every game to tell GWI what I think of them, but don’t want to bring that shit into the arena. Feel like it would disrespect what the boys are doing out there. Anybody down for picketing GWI’s office?