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Floridaboiler
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PostPosted: 09/25/06 - 20:33    Post subject: Welcome back NOLA!!!
Good Luck to Drew Brees and the Saints against teh Falcons tonight. It is good to see the NFL back in the Big Easy.
MechEngDropout
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PostPosted: 09/25/06 - 20:39    Post subject: Re: Welcome back NOLA!!!
Floridaboiler wrote:
Good Luck to Drew Brees and the Saints against teh Falcons tonight. It is good to see the NFL back in the Big Easy.


GaRebelRunner
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PostPosted: 09/25/06 - 20:50    Post subject:
Geaux Saints Geaux!
Pug
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PostPosted: 09/26/06 - 09:46    Post subject:
Do you know who paid for the rebuilding of the Superdome? Honest question, because I don't.
Cappy
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PostPosted: 09/26/06 - 10:07    Post subject:
Pug wrote:
Do you know who paid for the rebuilding of the Superdome? Honest question, because I don't.


FEMA, 115 million

State of Louisana, 13 million

Louisiana Stadium & Expedition District refinanced a bond package, 41
million

NFL, 15 million

source: http://sportsillustrated.cnn.com/2006/football/nfl/09/23/bc.fbn.superdomerebirth.ap/index.html
Pug
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PostPosted: 09/26/06 - 12:04    Post subject:
Cappy wrote:
Pug wrote:
Do you know who paid for the rebuilding of the Superdome? Honest question, because I don't.


FEMA, 115 million

State of Louisana, 13 million

Louisiana Stadium & Expedition District refinanced a bond package, 41
million

NFL, 15 million

source: http://sportsillustrated.cnn.com/2006/football/nfl/09/23/bc.fbn.superdomerebirth.ap/index.html


Ouch...that's some money that probably could have/should have been redeployed elsewhere.

My view from looking at the numbers: The NFL, Saints, and maybe if the other franchises are feeling generous...they should have kicked in and covered the bill.
airehead
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PostPosted: 09/26/06 - 12:11    Post subject:
That was my first thought, too, Pug. But, football is an American institution and it brings in the big bucks. They were expecting millions of dollars of revenue from last night's game alone. So, in building the stadium first, they provided jobs--which many were wiped out in the area and then it provided tourism dollars which helps any economy.

Saints rocked the house last night!!!
Pug
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PostPosted: 09/26/06 - 12:16    Post subject:
airehead wrote:
That was my first thought, too, Pug. But, football is an American institution and it brings in the big bucks. They were expecting millions of dollars of revenue from last night's game alone. So, in building the stadium first, they provided jobs--which many were wiped out in the area and then it provided tourism dollars which helps any economy.

Saints rocked the house last night!!!


Granted: I just hope they did a serious costs/benefits analysis that this project would bring in more money than was spent by the city which would be used for rebuilding / aid.
airehead
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PostPosted: 09/26/06 - 12:19    Post subject:
Pug wrote:
airehead wrote:
That was my first thought, too, Pug. But, football is an American institution and it brings in the big bucks. They were expecting millions of dollars of revenue from last night's game alone. So, in building the stadium first, they provided jobs--which many were wiped out in the area and then it provided tourism dollars which helps any economy.

Saints rocked the house last night!!!


Granted: I just hope they did a serious costs/benefits analysis that this project would bring in more money than was spent by the city which would be used for rebuilding / aid.
Seeing that stadium packed to capacity and knowing that the prices of stadium food is astronomical and knowing that Bourbon street is back online: I'm thinking they will make it back in a couple of games.
MechEngDropout
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PostPosted: 09/26/06 - 15:36    Post subject:
I'm betting that investment will pay off. I'm sure if they didn't pay to redo it, they'd be paying half as much to tear it down.
GaRebelRunner
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PostPosted: 09/26/06 - 16:00    Post subject:
MechEngDropout wrote:
I'm betting that investment will pay off. I'm sure if they didn't pay to redo it, they'd be paying half as much to tear it down.


1! The Superdome brings jobs, housing and residents to New Orleans as well as the Gulf Coast. Without the dome the recovery would be much slower. I can't imagine anyone who has ever considered themselves as a Louisianian (I lived there 16 years and still love the State although I have lived in Atlanta now longer than I lived in Louisiana) whose heart didn't skip a few beats last night at the beautiful sight of the dome, let alone that the Saints won.
airehead
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PostPosted: 09/26/06 - 16:36    Post subject:
GaRebelRunner wrote:
MechEngDropout wrote:
I'm betting that investment will pay off. I'm sure if they didn't pay to redo it, they'd be paying half as much to tear it down.


1! The Superdome brings jobs, housing and residents to New Orleans as well as the Gulf Coast. Without the dome the recovery would be much slower. I can't imagine anyone who has ever considered themselves as a Louisianian (I lived there 16 years and still love the State although I have lived in Atlanta now longer than I lived in Louisiana) whose heart didn't skip a few beats last night at the beautiful sight of the dome, let alone that the Saints won.
And that first touchdown? They won the game right there. That was Saweet!!!
Pug
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PostPosted: 09/26/06 - 20:06    Post subject:
GaRebelRunner wrote:
MechEngDropout wrote:
I'm betting that investment will pay off. I'm sure if they didn't pay to redo it, they'd be paying half as much to tear it down.


1! The Superdome brings jobs, housing and residents to New Orleans as well as the Gulf Coast. Without the dome the recovery would be much slower.


See, I get that...sort of, but what else could FEMA's 115 million dollar been used for that would have had as much of an impact for the residents that may still have needs? That's what I wonder.

It may provide a benefit, but should a stadium been that high on the priority list? Could not the money be used for other contruction projects that could provide jobs and help other businesses start up?
GaRebelRunner
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PostPosted: 09/26/06 - 20:35    Post subject:
Pug wrote:
See, I get that...sort of, but what else could FEMA's 115 million dollar been used for that would have had as much of an impact for the residents that may still have needs? That's what I wonder.

It may provide a benefit, but should a stadium been that high on the priority list? Could not the money be used for other contruction projects that could provide jobs and help other businesses start up?


The $115 million is an investment and as with any investment a risk to get more money for its return. The amount of dollars the refurbished dome will bring in almost undoubedly will be much greater than the $115 million investment by FEMA. Those funds in turn will be able to help the city rebuild faster including housing for the residents, both still there and those returning.

Had FEMA simply used the $115 million on the more obvious symptons at the moment, the funds would evenutally run out with little to replace the funds and continue the rebuilding of the city. At a minimum the rebuilding would slow down.

There is no other building I know of that symbolizes modern day New Orleans greater than the Superdome. You see it majetically as you enter the city from I-10 west. It's instantly recognizable. The sooner it is able to hold events from athletics to music, and conventions the faster and better the impact of funds and permanent rebuilding for the residents occurs. And for the first time in franchise history every Saints game is sold out in the Superdome this year. If you look at the way Hurricane Katrina trashed the Superdome and the people in it last year, the rebuilding of the Superdome represents the rebuilding of the City itself.

I think it was money well spent.


Last edited by GaRebelRunner on 09/26/06 - 20:41; edited 1 time in total
MechEngDropout
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PostPosted: 09/26/06 - 20:37    Post subject:
GaRebelRunner wrote:
Pug wrote:
See, I get that...sort of, but what else could FEMA's 115 million dollar been used for that would have had as much of an impact for the residents that may still have needs? That's what I wonder.

It may provide a benefit, but should a stadium been that high on the priority list? Could not the money be used for other contruction projects that could provide jobs and help other businesses start up?


The $115 million is an investment and as with any investment a risk to get more money for its return. The amount of dollars the refurbished dome will bring in almost undoubedly will be much greater than the $115 million investment by FEMA. Those funds in turn will be able to help the city rebuild faster including housing for the residents, both still there and those returning.

Had FEMA simply used the $115 million on the more obvious symptons at the moment, the funds would evenutally run out with little to replace the funds and continue the rebuilding of the city. At a minimum the rebuilding would slow down.

There is no other building I know of that symbolizes modern day New Orleans greater than the Superdome. You see it majetically as you enter the city from I-10 west. It's instantly recognizable. The sooner it is able to hold events from athletics to music, and conventions the faster and better the impact of funds and permanent rebuilding for the residents occurs. And for the first time in franchise history every Saints game is sold out in the Superdome this year. The rebuilding of the Superdome represents the rebuilding of the City itself.

I think it was money well spent.


Very well said.

Besides, the only other thing FEMA would've spent it on is another drug infested trailer park that gets abandoned.
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