Quote:
Originally Posted by Bingo
And I've said a dozen times that I agree the cost is $1.8B if the options are
a) CalgaryNext
b) Leave it
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You could add a hundred more alternatives (hell, X could be rebuild Bonzai waterslides on the WV) and the cost of CalgaryNEXT would still be $1.8B.
And there is a third alternative currently on the table, and that would be the city's current West Village ARP which was approved by council in 2010. I would love to see the racked and stacked economics of those two side by side, including capital costs, operating costs and revenues from the city's perspective.
My gut tells me that the current ARP would crush the current version of the CalgaryNEXT proposal.
-both have the city paying to clean up creosote so that nets out
-both have the city doing the infrastructure upgrades so that nets out
-CalgaryNEXT requires the city to kick in a bunch of money for the facility itself
-CalgaryNEXT occupies a big chunk of land that doesn't generate property taxes compared to the ARP