For some reason I was hoping to hear this yesterday:
The Calgary Flames are going to build a facility that has a stadium, arena and field house. The cost is $1 billion. We are asking the city to allocate the $200 for the field house to us. The rest of the 800 million is on us, don't worry how we get it, whether it's ticket tax, but that is our responsibility.
We've asked to the city to give us the land, we will remediate it in exchange for the ownership of it and the building.
Finally, the city has committed to spend ~XX dollars on infrastructure in the area to re-align bow trail and revitalize the west village which it was planning to do anyway.
Instead we got "We want to build a billion dollar facility on the old greyhound station, we'll contribute $200 million", you guys figure out the rest.
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