[BuiltRamTough]

It's not so much about stoping Nixon but more about delaying the process. That plays right into the hands of Kroenke.

[Elvis]

So what exactly does this mean?

Does this really block Peacock or will he be able to get around it?

They can likely get around it, but it's extra ammo for Kroenke. If St Louis couldn't fulfill their lease obligations before, how can the NFL know if they can do it now? How do they back their second richest owner, and best bet to make LA successful into a market that he doesn't want to be there, with any potential questions on their ability to have the necessary funds?

Yeah i think this is right.

Nixon can still issue the bonds and people will probably still buy thing figuring, in the end, the legislators are bluffing about forcing their state into some kind of default. But it doesn't look good (to the NFL) and it's more grounds for Kroenke to look for something with firmer footing...

[The Ripper]

All it does is limit the number of underwriters. The bonds already have problems so they would probably sold to institutional customers or possibly underwritten by a mutual fund company. I don't really see a problem unless the NFL or Kroenke wants to use it as an excuse.

[Hacksaw]

More conservative portfolios might want to steer clear but I'm sure they could find folks to invest in it. How solid is it considering the StL credit rating is rumored to possibly get downgraded and all the crap discussed here? i wouldn't. ESK sure hasn't given ayone any reason too has he? The further this goes, the more it looks like the duck,,, quack.

[Rams the Legends live on]

All it does is limit the number of underwriters. The bonds already have problems so they would probably sold to institutional customers or possibly underwritten by a mutual fund company. I don't really see a problem unless the NFL or Kroenke wants to use it as an excuse.

I know after 2008 some municipalities and states were afraid of their bonds taking a dive. So they voted themselves the ability to buy their own bonds. The way Peacock is always dropping hints they have some kind of ace up their sleeves. I have wonder if St. Louey is one such place that empowered itself to buy it's own debt. We already know they are gonna use tax credits from the MDFB, so I have wonder if they have been keeping it close to the vest that they do intend to buy up some of the bonds themselves through some of their quasi gov and business organizations such as the RSA and other organizations. Drive up some demand and scarcity combined with what I am sure is interest rate that was higher in 94 than today. Then begin to sell some of their bond holdings on the secondary market for a profit then of course use that profit towards any financing. I am not sure if Mo or StL empowered themselves with the power to buy their own debt like other government in our country did. However if they did they could possibly be in the driver seat to play market maker with their debt and raise some more cash in the resell or secondary market.

[Hacksaw]

That would be nice for them. And the rams can come up with the other half to fix their blighted area for them in this process. Ace up his sleeve or where ever, what's in it for the Rams?

[Rams the Legends live on]

That would be nice for them. And the rams can come up with the other half to fix their blighted area for them in this process. Ace up his sleeve or where ever, what's in it for the Rams?

I'll have to see if I can find the website again bro, anyway there is a website for the area put up by some local to save the historic. While most of it does look run down there are some cool old buildings in there and really looks like a lot of it could be saved for a much cheaper solution one would be someone just give a darn. I forget who now but I think maybe it was Blue Coconuts who said the same thing but after I found the website in my opinion much of the area is salvageable without having to tear everything down and try and make a stadium a linchpin for the area.

[Hacksaw]

That would be nice for them. And the rams can come up with the other half to fix their blighted area for them in this process. Ace up his sleeve or where ever, what's in it for the Rams?

I'll have to see if I can find the website again bro, anyway there is a website for the area put up by some local to save the historic. While most of it does look run down there are some cool old buildings in there and really looks like a lot of it could be saved for a much cheaper solution one would be someone just give a darn. I forget who now but I think maybe it was Blue Coconuts who said the same thing but after I found the website in my opinion much of the area is salvageable without having to tear everything down and try and make a stadium a linchpin for the area.

That would be an interesting read Legends. There is something about history and older buildings that interest me being a builder. The engineering back then was different, The methods used were more hands on. You had fewer power tools, craftsmen worked on these places. The old brick work (if still competent) is something to be preserved.

Might be hard to generate enough interest in StL to do anything about it though. It obviously didn't seem to be a big deal to anyone before all this stadium stuff. LOL that it suddenly became necessary and the only way to fix it is to have the Rams agree to basically fund it.

[Rams the Legends live on]

Here ya go Hack I found one of the websites I still have 2 more to find.

http://vanishingstl.blogspot.com/2015/0 ... north.html

One of the buildings they seek to take and bulldoze for the stadium is owned by the William A. Kerr Foundation they rehabed the building back in 2004 and here are some photos from their website of the building.
















http://wakfoundation.org/projects

[Hacksaw]

Good stuff Legends Amazing what a coat of stucco can do for an old building. Too bad they covered the stone stacked walls though. Love the arches in the basement.

ose the trasmission lines down there and pave the roads and from what I could see, the are could be cleaned up for tiny fraction of what a staium would cost.. And no one would have their asset seized.