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Old 04-25-2023, 04:14 PM   #455
Bonded
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Quote:
Originally Posted by tvp2003 View Post
So CSEC still puts up around what it was going to (taking into account shared cost overruns in the original deal).

The City puts in an extra $220m or so, and the province matches that by 1.5x which equals $330m to get this built and to include some additional amenities (like the community rink).

Seems like a good deal?
The additional amenities and infrastructure will have to be significantly in Calgary’s interest to make it similar to the last deal. Murray gets a crazy break by not putting the cash up front as well.
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