As was discussed at the Event Centre Assessment Committee meeting on Friday, Ernst & Young has been hired to create an Economic Impact Study. They will be looking at various cities around North America and the impact of their arena/entertainment districts.
On Friday, they presented their methodology for the report and not the report itself. They proposed using Edmonton, Columbus, and Nashville as the comparables. Members of Council made some suggestions for other cities to look at, but I'm not sure what final decision was made for that. They are supposed to file the report by mid-January so that Council can use it during their budget discussions at the end of January.
__________________
Turn up the good, turn down the suck!
|