Quote:
Originally Posted by DiracSpike
yeesh...I feel like most Calgarians were hoping for concrete plans for a new arena to come out of this announcement.
I'm 80% of the way to voting No on this bid as it stands with no new arena or stadium, the only thing that will bring me back from the brink is the breakdown on government financing shares. Specifically how much our Federal government will contribute, and it better be a lot.
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Total public funding is $3 billion. The federal government has confirmed their commitment to covering half of that (which is customary for large projects like this). The provincial and municipal governments are currently negotiating the breakdown of the remaining $1.5 billion. The Alberta government has committed to making a final number public within 30 days of the November 13 plebiscite.