Quote:
Originally Posted by BigThief
Yeah, absolutely. That "wiggle" room should be used for projects like the BMO Center, which the city, province and federal government split the $500million into thirds. BMO Center is expected to generate $100 million annually. The new Scotia Place in Calgary could also boost upwards of $100 million.. for the Flames.
At least they have a community rink attached to the project. Sure the $53 million price tag is more than the Flames entire upfront cost of $40 million but I can't wait to hear all the stories from members of the Calgary community skating there for free, right.. RIGHT???
The whole wiggle room point is nonsense to begin with but let's say it's true, you still shouldn't wiggle all that available room to the slick salesmen who bought you a drink and made you feel special.
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It's been explained many times in this thread, but it isn't an either/or situation. The city is capable of funding multiple things at once. And the arena serves to further the East Village revitalization, which has value, beyond the $17M/yr that the city will receive in revenues (which drastically reduce the overall cost to the city, not that any of you want to hear it).