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By Peloton (anonymous) | Posted January 27, 2011 at 12:58:48
Sadly, I get the sense that the velodrome could end up an innocent casualty in this grinding drama. Unless Hostco has a separate deadline for the velodrome, the IO costing will come in after Feb 1, and probably after the city has made their $25m request to the province. That leaves someone to sell taxpayers on the idea of bringing the funding gap, while the sting of that did-I-say-$45m-ceiling-I meant-44%-of-project-cost-floor revelation will likely dampen enthusiasm for scrounging up the missing $10-14m. Maybe there's another $10m mystery investor?
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