Quote:
Originally Posted by sureLoss
More details on cost overruns:
https://calgaryherald.com/news/local...box=1564167208
- Overruns on the event centre will be split 50/50
- If a overrun is caused by one party's request, then that overrun is 100% on that party (e.g. if Flames want gold plated fixtures in the luxury boxes, the Flames will have to pay for them)
- The 3000-5000 seat community rink will only be delivered if it can be fit within the $275 million contribution
- CSEC's contribution to the Saddledome demolition is capped at $1.5 million regardless of what the final cost ends up being
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Just so we are all aware the 3000-5000 seat community arena is already cut or is an over run caused by the cities request. Also would be willing to wager that Saddledome Demo comes in at closer to the 25 million that was in the city’s rejection of the flames bid than the 12.5 in the make the bid look good package.