Quote:
Originally Posted by CaptainYooh
I did. Your point was that somehow Flames are on the hook for only some of the costs while the government has to incur all the rest. That's not accurate. The City would have to appoint a development authority (CMLC or a new entity) that would go on to obtain financing for the whole development, including clean-up. This becomes a project cost that would need to be recovered somehow, through sale or lease revenue.
|
The Flames will be on the hook for their facilities and will be looking for the government to provide the clean up and the roads. How this is paid for is probably the delay but the clean up and the roads is historically the government responsibility and can be sold to the taxpayers as a needed project.