This work is a mixture of modernization (I had a blackberry the first time I went to a game at the Rent. My internet was aol dial-up). It was built before current technology which has been jury rigged over time and needs to be rationalized, deferred maintenance, replacement of equipment and facilities which have reached their useful life. Anyone who owns a home, or even a car, understands that things wear out. Anyone who owns a home, have you gone through 2 decades without a roof, furnace, kitchen appliance? In theory you would budget for at least replacement but that is not how government typically works anywhere because taxpayers generally won’t stand for putting away money for future expenses. If you aren’t going to spend it then they want it in their pocket, not the gobmint’s. Had the state said let’s put away $2.5 million annually so in 25 years we’ll have funds to upgrade/repair the Rent, taxpayers would scream bloody murder. If you don’t do that, then look for $60 million every 25 years, taxpayers scream bloody murder. Nature of the beast.
But here’s the dirty little secret. Private real estate companies don’t do this either.