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re: Deal to replace PMAC arena could require LSU land, new tax. Public can't see the details.
Posted on 3/21/24 at 9:17 am to KamaCausey_LSU
Posted on 3/21/24 at 9:17 am to KamaCausey_LSU
The land remains lsu. Lsu will lease the arena for 30 yrs. After 30 yrs, ownership will transfer to LSU.
2
Posted on 3/21/24 at 11:05 am to Tiger2tiga
quote:
After 30 yrs, ownership will transfer to LSU.
It'll be falling apart in 30 years if it's built anything like Patrick Taylor Hall.
Posted on 3/21/24 at 11:42 am to Tiger2tiga
quote:
The land remains lsu. Lsu will lease the arena for 30 yrs. After 30 yrs, ownership will transfer to LSU.
Where did you see this? Everything I read said the developer would own the building and make money on all the non-LSU events. I don't recall seeing anything about ownership of the arena transferring to LSU.
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