Comment 45475

By Shempatolla (registered) - website | Posted August 11, 2010 at 15:57:58

@slodrive. I beg to differ. The city currently operates Ivor Wynne at a cost of $1.3 million dollars a year to the taxpayer. They supply all of the food services, buy the food, beer, etc, pay the staff, at the stadium, the police on game day. The TiCats recieve the revenue from that. The TiCats pay $27500.00 per year in rent. That's less than I can lease a storefront in Lime Ridge Mall for. So if by offesetting costs by increased development and property tax fees both at the old Ivor Wynne site and in the West Harbour precinct, it is very realistic to say the city does not need the Tiger Cats. They have a sweet heart deal. They are not likely to get one as good anywhere else, aside from which there is no where for them to play.

Additionally the games are not until 2015, the stadium must be ready in 2014. I would argue that is ample time to secure another "anchor tenant". Be it the TiCats or something else.

Cheers

Greg Galante

Hamilton

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