November 15, 2024 4:58 am
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Robb: County has a good reason to sell Chase Field

Screen Shot 2016-08-23 at 4.34.39 PMBy Robert Robb | The Republic

(Editor’s note: Opinion pieces are published for discussions purposes only.)

The accusation that the county supervisors are selling the Chase Field baseball park for a song is a bit unfair.

Yes, the ballpark cost $354 million to build. And yes, the county is willing to sell it for a fraction of that.

But, in economics, something is worth only what someone else is willing to pay for it.

What is an 18-year-old ballpark whose tenant is demanding substantial repair work worth? What it cost to build is irrelevant to answering that question.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.