[stampsx2]

Originally Posted by Ozy_Flame

This is a window of opportunity to get federal and provincial support for funding a multitude of facilities, the least of which could include an NHL arena at the end of the day.

Rather than re-write what I wrote in the other thread, I'll just repost it:

Adjusted for inflation and at the current exchange rate for US bucks, Vancouver spent $9.62 billion.

A simple Flames arena can be built for about $400 million. Mosaic Stadium cost about $278 million. Calgary could probably have new pro sports stadiums with this bid for $6B CDN, possibly less given that CSEC would kick in as well, and efficiencies could be found doing combined Field House/sporting venue facilities. Also, spending on the Saddledome and MacMahon could also be removed/accounted for pending new facilities.

With the IOC kicking in 2.23, Assume the Flames kick in 200 mil, and public spending kicks in 3B, the City would be spending in the neighborhood of $750 million to get new facilities for the Stamps and Flames, a new field house, a new mid-sized arena, a dearth of upgrades to existing buildings, and likely a spike in immediate and long-term tourist dollar spending.

For reference, the new City of Calgary Central Library will cost $245 million.

Assuming new Flames and Stamps facilities are worked in, it doesn't seem like that bad of a deal, at least in my books. No opportunity is going to present itself in any other way. The City would be on the hook for most of that by itself.

Absolutely. This is what I’m trying to say. We won’t be saving any money by not having an Olympics. We’ll be funding neccessary and approved infrastructure 100% by calgarians.