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By SpaceMonkey (registered) | Posted January 11, 2011 at 20:50:38
Where did the $115 million price for the stadium at Ivor Wynne come from? Did the two Bobs guess or do they have some knowledge that the total cost will be around 115 million?
It seems like quite a coincidence that the fee to build a new stadium at Ivor Wynne just happens to be the exact amount of the maximum Hostco funds plus the maximum Future Funds.
115 million seems like a tonne of money for a half assed solution. As a tax payer, if we're not going to be using the money to remediate a brownfield, I'd rather pay a bit extra to have an amazing facility to be proud of or have no stadium.
It really bugs me that the two Bob's and the media are presenting this as if it's the only solution and that it's a great solution and pretty much a done deal one day before it's even been voted on and before we know any of the real details.
Without knowing more details, it's pretty hard to tell if this idea is absolutely horrible or potentially good. I have a feeling it will turn out to be the former (for the Hamilton tax payer anyway).
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