What does the NBAF have to do with anything?
An example of the difference between a funded project and enough funding in place to proceed with design and some basic project start up.
CC, said the West Side project was funded. It's not. People should just understand that we need $50 million in bonds and $25 million in private donations and neither are a certainty. For example, IF something unforeseen occurs and this economy double dips in the next 6 months and we can't achieve a Triple A rating, the bonds won't be sold.
I'm not saying we're heading down the path of the Gridiron Club, I'm simply saying that nothing is a certainty (like NBAF) and we should be cautious about making statements about the project being funded when in actuality, it hasn't.