Sonics Relieved as I-912 Fails

Discussion in 'Oklahoma City Thunder' started by Shapecity, Nov 11, 2005.

  1. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    <div class="quote_poster">Quote:</div><div class="quote_post">WASHINGTON ? The Seattle SuperSonics were watching intently this week as the results of Initiative 912 became clear.
    If I-912 ? which would have repealed a 9.5-cents-a-gallon gas tax used for transportation projects ? had passed, Sonics officials feared it would have derailed their hopes of getting money from Olympia to upgrade KeyArena.

    Sonics decision-makers breathed a sigh of relief after I-912 failed. They figured it?s one less distraction for state lawmakers.

    ?If 912 had passed, it would have been extremely difficult for the folks in Olympia to look beyond their transportation needs,? team CEO Wally Walker said.

    The Sonics last January went to Olympia and asked for funds to completely remodel KeyArena, which was redone in 1994. That notion was soundly rejected, so the Sonics amended their request and asked for less than $100 million to rejuvenate the building.

    That request also was turned down, in part because the Sonics gave lawmakers so little notice and so little time to consider their request.

    With that experience and a year of planning, the Sonics will push another bill in the Legislature seeking public funds to improve what they feel is an aging building that puts them at a financial disadvantage in a league full of new, state-of-the-art facilities.

    The Sonics say they are losing more than $10 million a season because of an onerous lease agreement with the city of Seattle.</div>

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  2. Shard

    Shard Hi2u

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    Did the people that came up with this initiative really think that people would want to add to gas prices? What a horrible time to bring that up.
     
  3. odde23

    odde23 JBB Not A JustBBall Member

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    <div class="quote_poster">Quoting Shard:</div><div class="quote_post">Did the people that came up with this initiative really think that people would want to add to gas prices? What a horrible time to bring that up.</div>

    You got it backwards Shard. Key word is repealed. You already are paying the transportation tax.
     
  4. Shard

    Shard Hi2u

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    Ah, I misread it. I was wondering why they wanted to add on to it.
     

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