Comment 55326

By Brandon (registered) | Posted January 10, 2011 at 08:25:15

@Avenger:

1) 'Cats are willing to invest beside a new stadium, not in the stadium itself.

2) City is putting up $60,000,000 of Future Fund money, that gives them a bit of say in where the stadium goes.

3) The stadium is for "high performance sports", which does not mean pro sports. Hostco was willing to kick in more money for a larger stadium if the 'Cats were going to play there. No 'Cats means they'll fund a 6k seat stadium.

4) As far as whether it's unneeded, Ron Joyce is more expensive than this would be for people to rent. Soccer is hugely popular in the area and IWS won't be around for much longer.

5) If the stadium is scalable, it means that when Bob realizes that no one else is willing to fork over millions of dollars to fund his sports team, he can invest a little in it to build it to the size they need it to be to play.

6) Ian Troop has already said that a 6k seat stadium is a done deal. The last mayor lost because Bob Young pulled a fast one on him and hung him out to dry in an effort to divert public money to his personal gain.

@HamiltonFan:

What private investor was willing to invest at CP beyond Bob?

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