Comment 68479

By RenaissanceWatcher (registered) | Posted August 27, 2011 at 09:40:47

Issue #1:

The city staff report on the velodrome gives council two options:

Option A- Build a permanent velodrome (deemed to be a “considerable risk”);

Option B- Withdraw from building a velodrome

What happened to the original plan to build a temporary velodrome for which the city has already budgeted $5 Million from the Future Fund? Why is the temporary velodrome not included as an “Option C” in the city staff report?

Issue #2:

If there is no Option C and council chooses Option B instead of Option A, will the $5 Million earmarked for the temporary velodrome be reallocated toward the construction of the new stadium?

Issue #3:

The city staff report does not mention any actual private contributions at this time but recommends a fund raising campaign. Have any actual private contributions or funding commitments been made for the building of a permanent velodrome at Mohawk College? Will these private funding commitments be announced to the public at the Hamilton Special GIC meeting?

Issue #4:

Now that the public has been informed by city staff that a new stadium will be constructed rather than a half rebuild/half renovation, what, if any, would be the estimated construction cost savings in building the stadium and velodrome (permanent or temporary) at a single construction site (i.e. the west harbour)?

Would the estimated construction cost savings for a stadium and permanent velodrome at one construction site be greater or less than the $2 Million Mohawk College has offered to contribute to build the permanent velodrome on its property plus any current private funding commitments to build it there? Would Mohawk College contribute any monies toward the construction of a temporary velodrome on its property?

Comment edited by RenaissanceWatcher on 2011-08-27 10:26:21

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