Comment 68800

By mystoneycreek (registered) - website | Posted August 31, 2011 at 17:48:58 in reply to Comment 68792

Also, I would like Ryan to nail him down as to the figures the mayor keeps pointing at about what Mohawk is going to put into the velodrome vs what Mohawk is ACTUALLY putting into the velodrome?

Those numbers are quite clear. I'm looking at them right now.

Mohawk Students Association: $17M

Broken down: Mohawk Rec Facility (going ahead regardless): $15M. Contribution towards Velodrome: $2M.

As opposed to these (just a selection): Velodrome Site Preparation costs: $1.5M. Velodrome Site Relocation, Development and Parking (relocating the parking being displaced by velodrome): $3M. Land Acquisition (Lease): NOT YET DETERMINED.

So.

Mohawk is putting $2M towards the effort...while just in this short list, we're on the hook for $4.5+M. ($3M of this is NOT a shared amount with 2015 organization.) Naturally, I haven't brought the big numbers into play. Still...

Comment edited by mystoneycreek on 2011-08-31 17:49:28

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