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Old 11-13-2018, 02:34 PM   #753
You Need a Thneed
Voted for Kodos
 
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I was leaning NO up to even yesterday evening, but thinking about it more, and reading some of the good information out there, I think we have to keep exploring this even though not every detail is out there yet.

Even with no Olympics, the city is going to spend a lot of money on the same projects (field house, venue lifecycle upgrades).

There’s a healthy contingency, which is good to see. Operations generally pays for itself anyway, so the contingency is really only needed for infrastructure. Federal dollars (from the sporting event bucket allotment) will go to a different place in Canada if we don’t get the Olympics here.

Tomorrow’s budget is going to be difficult, but that’s really a completely separate question.

And again, this is not a vote of whether we will have the Olympics or not. If we vote YES today, that doesn’t guarantee us the Olympics. Voting NO today almost certainly guarantees that we will not host. There are certainly other outs still remaining (if the deal isn’t good) and a IOC vote as well.

In spite of still having questions - I.e. how is this overrun insurance even a thing - I voted YES, not because I want the Olympics at any cost, but because this ACTUALLY could be a good investment for the city, either if it remains fairly cheap as proposed, or even if a modest amount of more infrastructure is added.
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