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Hi Robert, while you you may love McCoy & many memories; as you point out, it is outdated and facilities lacking. Why spend $68 million when you can have brand spanking new still in Pawtucket on waterside and highway. I want to point out, most substantial projects that support commerce are publicly funded or partially publicly funded. The Convention Center and Providence Place Mall are two examples, and RIPTA’s recently reinstituted free pass to elderly and disabled is another. None of these projects or programs are deemed “cash cows” however, they are better to have than not; would you agree? The proposal by Pawsox ownership has the team paying $45 million, or 54 percent, of the cost for land and development. In addition, the team will pay for 62 percent of ballpark construction as well as all construction overruns. And lastly, the stadium and team will produce revenue. A projected $130 million in fiscal benefits over 30 years. The $45 million from the PawSox ownership group would represent the largest private investment in Pawtucket’s history. It’s also the largest private investment in the history of publicly owned Triple-A ballparks.

Charlotte Knights’ BB&T BallPark brings fans, investors to uptown Charlotte: http://www.charlotteobserver.com/news/local/article9158837.html