Question
You are working in the Mayor's Office for the City of St. Louis. You are asked to perform a BCA of construction of a new
You are working in the Mayor's Office for the City of St. Louis. You are asked to perform a BCA of construction of a new soccer stadium (near Union Station), using the perspective of the City. Your employer (the mayor) tells you to limit the analysis to 4 years, the duration of their office.
What is the problem with this request?
What concept do you need to adjust the model to satisfy the Mayor while still performing a valid BCA? Name it and briefly describe (a sentence or two).
Learning of your work, the ownership group for St. Louis City SC asks you to perform a similar analysis, using their perspective.
The group expects to tear down the stadium and build another one in 30 years. What is the term for any potential benefits (negative costs) that you might include at the end of the stadium's period of use? Name it and briefly describe (a sentence or two).
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