Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Arena negotiation discussion. UPD: Flames release their proposal

You Need a Thneed · 09-21-2017, 08:02 AM

Yup, the Flames’ proposal has the Flames putting ZERO money into the arena, except for the financing costs.

The Flames also keep going on about a building that the city owns - however, let’s put it this way: The City proposal had the Flames owning the arena, and the Flames proposal has the city owning the arena. It’s completely obvious that both sides see building ownership as a negative.

Considering the lower overall cost for the project in the Flames’ proposal, I’m also guessing that the the land cost and the Saddledome demolition cost would be costs on top of the $225 million from the city. Overall that would make the city’s contribution more than $100 million more than it was under the city’s offer + there would be no method to pay the city back anything.

Again, this can all be summarized by saying that the Flames appear to think that their portion of the contribution is a gift to the city. It’s absurd.

09-21-2017, 08:02 AM	#1744
You Need a Thneed Voted for Kodos Join Date: Dec 2007 Exp:	Yup, the Flames’ proposal has the Flames putting ZERO money into the arena, except for the financing costs. The Flames also keep going on about a building that the city owns - however, let’s put it this way: The City proposal had the Flames owning the arena, and the Flames proposal has the city owning the arena. It’s completely obvious that both sides see building ownership as a negative. Considering the lower overall cost for the project in the Flames’ proposal, I’m also guessing that the the land cost and the Saddledome demolition cost would be costs on top of the $225 million from the city. Overall that would make the city’s contribution more than $100 million more than it was under the city’s offer + there would be no method to pay the city back anything. Again, this can all be summarized by saying that the Flames appear to think that their portion of the contribution is a gift to the city. It’s absurd. __________________ My LinkedIn Profile.