At present’s vote is a vital step ahead for San Antonio. I need to thank the members of Metropolis Council, the Metropolis employees and County for his or her management, diligence and collaboration in serving to us attain this level.
This venture is about greater than an enviornment. It’s about satisfaction in who we’re as a metropolis and perception in what San Antonio can change into. The Spurs are investing over $2 billion as a result of we imagine in San Antonio’s future. That features a $500 million direct contribution towards the world, overlaying 100% of price overruns, guaranteeing $1.4 billion in non-public growth and $75 million in group advantages. There might be no influence on native residents’ taxes and no cash diverted from town’s common fund.
This might be a real public-private partnership. The sector might be publicly owned, funded by guests, and constructed to revitalize our downtown, create jobs and provides future generations a spot to have a good time collectively.
Now, the following step belongs to the folks of Bexar County. On November 4, voters could have the chance to determine on this venture, and we’re hopeful they are going to be part of us in saying sure to the way forward for our metropolis.