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By mystoneycreek (registered) - website | Posted September 02, 2011 at 19:00:47 in reply to Comment 68989
As I've noted elsewhere on RTH, the 'Velodrome Site Relocation, Development and Parking' is estimated at $3m. (600 parking spots at $5k per.) This is to be borne entirely by the city. (PanAm agreement)
As well, there is the 'Land Acquisition' (Lease) figure of '0'...which means they just don't know what the cost (if any) will be at this point.
So to answer your question, Mohawk is chipping in $2m...and for starters, Hamilton is coughing up $3m...and counting. (Just for the land.)
Comment edited by mystoneycreek on 2011-09-02 19:26:47
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