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Originally Posted by TheIronMaiden
She says that she is open to the idea but cannot give a firm commitment until the details of the deal are made public, having not been given a copy to read herself.
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Yet she is sure there are some secret side deals that havent been announced as of yet...im just curious how she knows that but not enough to commit to the deal.
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“While broad numbers on the Calgary arena deal were released yesterday, we learned today that there is a confidential financial agreement between the parties that identifies additional financial contributions by taxpayers, contributions beyond the $870 million outlined yesterday.”
She also said there’s a hidden agreement giving Flames owners development opportunities in adjacent lands. That is actually disclosed in city releases already made public. The provision was also in the earlier deal that collapsed.
Notley added that if elected, she would turn the agreement in principle over to “accountants” and “experts” to check its fairness to taxpayers.
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Accountants AND experts? Cool.
And who did she "learn" this information from? Apparently every councillor voted for it, so it wouldn't make sense one of them leaked this secret clause.
It certainly didn't come from CSEC or the UCP.
Im not a huge fan of the deal myself but also live in reality and understand it was always going to break down to something along these lines. Expecting the ownership group to build it entirely on there own dime was pie in the sky fantasy at best once the Edmonton deal was agreed too.
Its why I cannot understand the viotrol being hurled at Smith (well i can but its pretty clear its because its her and little to do with this agreement) while the city/Gondek aren't being roasted for agreeing to it.
If its such a bad deal....why sign it? I'm guessing they figured out that getting some private investment was better than nothing and know this needs to get done or its pretty likely the club would be movin on at some point.