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Colliers in Arizona just completed its most successful quarter and 2021 was the company’s most dynamic in its history in the state. 

The Metro Phoenix industrial market set a series of records in 2021, making it the most active year in the area’s history.

$20 million in tax revenue would come in during the event. some of these costs are going to be incurred prior to that. we do have a cash flow problem we have to look at. we do want to come back to you and look at ways to solve that, whether it is cops or other ways. supervisor daly: i am fine with solving a cash flow problem. president chiu: how many more questions to you have? supervisor daly: a lot. president chiu: 5 colleagues have asked me to invoke a rule. i have not invoked the 10-minute rule before. if you would like to speak for an additional 10 minutes, we have several other...

there will be an interdepartmental transfer contemplated. the revenues coming into the city can be taken back into the port to defray the cost of the event to get the revenues in the first place. that is why i moved that $40 million figure to 24. in terms of the $32 million, which i have on both sides of this letter at the moment, i struck at $11 million from the bay area council report. you said that is going to be included in the $32 million. i just do not see that infrastructure work coming from anywhere else, except for some financing. but you still have to pay for that financing...

our number, in essence, is the tax revenue. that is what our spreadsheet looks like. supervisor daly: but my concern is when we make commitments to do this work. does the port have the money in their budget to do it? if not, who is going to pay for it? where does that money come from? alternately, the general fund is on the hook unless something happens and our port bonding kicks in. >> it is a cash flow problem that these revenues come in at one time and is not created until the event. $20 million in tax revenue would come in during the event. some of these costs are going to be inc...