So many more urgent issues for the city to address before supporting a sports venue when OSEG could go together with the SENS to build an arena big enough to accommodate the increasingly-popular Women’s Hockey as well as allow current Lansdowne to serve smaller teams.
Clearly the city is not taking on immediate financial risk and only going on a lot of unknown. 2066? Did the city look at other financial revenue models other than DCs (not my fave at all) and PT? What about TIF for Lansdowne? From the way it sounds, there wasn't a lot a thought and foresight in the process.
So many more urgent issues for the city to address before supporting a sports venue when OSEG could go together with the SENS to build an arena big enough to accommodate the increasingly-popular Women’s Hockey as well as allow current Lansdowne to serve smaller teams.
Clearly the city is not taking on immediate financial risk and only going on a lot of unknown. 2066? Did the city look at other financial revenue models other than DCs (not my fave at all) and PT? What about TIF for Lansdowne? From the way it sounds, there wasn't a lot a thought and foresight in the process.
And what happens when the cost comes in over $1 B?
Service cuts, increased user fees to keep property taxes, and more debt.