Seattle budget director Dwight Dively recommends taking the bulk of the $45 million settlement the city received from the Sonics, and use it to pay off the $34.2 million debt remaining on Key Arena’s 1995 remodel.
Yeah, I suppose we could do that. Or, we could take the entire $45 million and buy bad debt from Key Bank at face value. Perhaps our fiscally conservative Republican readers can chime in with their advice?
