Big arena news coming Thursday

[monkeyman]

Originally Posted by Hack&Lube

Can we return it for a refund? That would give us another $750,000 in today's money to pay for the parking lot.

No returnsies.

[sureLoss]

Originally Posted by monkeyman

Did they specify who will be responsible for overseeing the project? I’m hoping with the city being responsible for overruns, it’s not CSEC.

CMLC will be responsible for all supporting infrastructure.

CAA Icon will be the development manager for the Event Centre block, community rink, and plazas.

[White Out 403]

this is how capitalism works now. we take on all the risk as tax payers, and the flames have to count all their profits. we all have responsibilities.

[iggyloob12]

Originally Posted by Cecil Terwilliger

lol. City on the hook for all cost overruns. What a boondoggle. Truly an embarrassment for Calgary.

People complain about how incompetent the UCP are and how they’re ruining our province (they are) but anything they do will pale in comparison to the long term damage this council has done with this awful, awful deal.

Condolences, Calgary taxpayers, but I’m glad the province isn’t covering more.

[FormerPresJamesTaylor]

wE hAvE tO dO tHiS oR tHeY wIlL MOOOOOOVEEEEEEE!!!!!!!!

[Gemnoble]

I'd really like a faux saddle roof design for old times sake. Not an actual saddle roof but a facade of sorts over the top.

[Rejean31]

Originally Posted by Paulie Walnuts

Of course it needs a press conference its all about keeping those poll numbers up.

This is nothing but another publicity stunt.

Man your shtick is tiresome!!

[TrentCrimmIndependent]

In 3 years Calgary will leapfrog Edmonton on the hockey/arena front and it will be like 2015 reversed, and it will be a good day.

McDrai era will be over and Calgary will hopefully figure out its next core on the ice as well as boast the newest and nicest arena/district in the province.

Looking forward to drafts, all-star games, concerts from the world's top artists, and taking the piss at Edmonton's decade old leaking behemoth with not enough bathrooms.

[Locke]

I cant wait to see how we screw this up. Its going to be something fantastic, surely.

"What fresh Hell is this?"

[Major Major]

Originally Posted by sureLoss

To be clear the city being on the hook for cost over runs was in response to a question if the province would cover cost over runs.

In other words the province wouldn't be kicking in any more money if inflation or cost overs occurred in the specific things they were funding (e.g. the underpass on 6th street)


It is still unclear on who is responsible for cost over runs for the building itself.

So Salim is stirring up #### again? Dude is an absolute blight on our city. Bring back Franklin

[sureLoss]

Originally Posted by Major Major

So Salim is stirring up #### again? Dude is an absolute blight on our city. Bring back Franklin

Or he just misunderstood the context of the question.

For reference, the Event Centre website still says that the City and CSEC would split cost overruns on the building 50:50.

How will cost overruns be dealt with?
CSEC and The City, together, will share cost overruns 50:50, specific to the CSEC’s scope of work: Event Centre building, community rink and the parkade. Additional funds for The City’s share of potential cost overruns are proposed to be set aside from revenues from future land sales and future anticipated investment income from the Major Capital Projects Reserve.

More details of cost overruns will be considered part of the next phase of work that’s included in the definitive agreements. Once the definitive agreements are completed, more information and details will become available.

[MRCboicgy]

Originally Posted by Locke

I cant wait to see how we screw this up. Its going to be something fantastic, surely.

"What fresh Hell is this?"

Narrow concourses.

[Roughneck]

Originally Posted by IamNotKenKing

And the clean-up cost the city suggested would get it that high was mostly nonsense.

What does the latest Environmental Assessment put the cleanup costs at?

[Strange Brew]

Originally Posted by ComixZone

https://twitter.com/user/status/1710018912933511366

About a month ago I was on a flight from Calgary to Denver and Makar was on it. I imagine he was in town to start long term planning on his dream home to be ready in 3 years.

Also dude looked like he was about 18 and skinny. Would not have recognized him were it not for my son.

[dissentowner]

Originally Posted by FormerPresJamesTaylor

wE hAvE tO dO tHiS oR tHeY wIlL MOOOOOOVEEEEEEE!!!!!!!!

Another solid contribution. Like you care if they move.

[Goriders]

Did everyone think the arena was going to be free?

Unless you’re in Quebec City it’s going to cost a bit of money. Like more than zero.

[Freeway]

Disclaimer: We don't have agreements in hand yet.


But there's basically two projects: City and CSEC partnering on a building, of which overruns are 50/50, and City and province partnering on surrounding infrastructure, of which overruns would theoretically go to the city.


Again, we don't have agreements so this is based on what we've been told.

[dino7c]

Originally Posted by FormerPresJamesTaylor

we have to do this or they will move

well obviously

[Gemnoble]

Originally Posted by MRCboicgy

Narrow concourses.

With a giant car wedged into the narrowest corner.

[icarus]

I don't know if anyone actually knows this (there might be some posters who remember it), but Calgary was actually nicknamed the Sandstone City for awhile after FLAMES destroyed most of the city's wooden structures in 1886...