Quote:
Originally Posted by Jay Random
The cost of building the facility isn't supposed to include maintenance. That comes out of general ticket revenues.
That's a really bad rendering, not done to scale and clearly done by some clown who can't draw. If you look at the size of the rink at the bottom, then the lower bowl would seat about 40,000 people and the tiers of suites would be about 20 stories high. These proportions are clearly not what the designers have in mind.
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That is a big assumption and currently unknown. The city will own the building and be responsible for it. In the past ticket Levy's were used for the maintenance of facilities. So now you are diverting that revenue stream to the capital costs. In the U.S. Some cities are responsible for renovations and maintenance and receive no revenues. We don't know right now.
In Regina they added a .5% property tax to build a maintenance fund to generate 200 million to cover expected maintenance. With the city owning a large liability these details which are intentionally left out will make or break the deal.