You are the President of Solitude ,which is an imaginary medium-sized US city. Several prominent and influential citizens have approached you asking for your support in securing a professional sports franchise to be located in the city. At issue is the fact that Solitude does not have a suitable stadium/facility to house the team. Evaluate the pros and cons of the construction of such a facility in Solitude. Specifically, evaluate and decide your position on the following tradeoffs:

• Will you seek to build an expansion team or lure an existing team?
• Should you seek a team first and then build the stadium, or build the stadium and expect the team will come?
• To what extent would the team enhance the local economy?
• Should the stadium be publicly funded (taxes) or built with private financing?
• Finally, what is your position as President on the issue?