Quote:
Originally Posted by Classic_Sniper
If the city ends up getting more for what we spend, we should definitely do it, even if it doesn't end up as the reported 10 X return. If it ends up as a 5 to 1 or 4 to 1, do it. It's not everyday the government hands out $2 billion + to the city of Calgary. The field house, the Victoria Park revitalization, affordable housing, green line, these are all things the city is going to eventually have to pay for by ourselves anyway, so to get some help would be gravy.
|
Victoria park is coming from the CMHC master plan and is only included in the Olympic bid to get the matching federal funds. The Olympics have no bearing on that piece of infrastructure and the money the city is paying for the Olympics does not include that number(I think). 0 dollars of city or provincial or federal funds have been committed for the GreenLine as part of the Olympics. 1000 units of Affordable housing was cut from the bid. There is still 800 units in the bid.