Quote:
Originally Posted by GordonBlue
my problem with the 5.2B is when people in their arguments take it as the final all in cost.
has an Olympics, or any sporting event of similar size ever been on budget?
is it clear who pays for cost overruns? the IOC won't. the sponsors won't.
so I'm wondering if all levels of government split the overspend or does it all fall to Calgary? the answer to that might sway the votes of some people on the fence.
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Definitely a major consideration as well. I'm hoping to hear from the bidco on this before the plebiscite because if (when) there a cost overruns I'd bet we as city of Calgary taxpayers will be on the hook for it.