The Official Arena Thread Part 6
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01-23-2013, 11:26 AM
Join Date: Dec 2010
@dantencer: Arena, Winter Garden, Pedestrian Corridor, LRT Connection, Community Rink + Land Purchases = $601M. Total city contribution is $219M.
@dantencer: Katz Group contribution (including ticket tax) is $278M. "Other government" responsible for $114M ($14M specifically for community rink).
@dantencer: The deal still very clearly includes a $100M contribution from Province which has yet to be secured. Need promise of $$$ by August.
@dantencer: Daryl Katz has signed off on this deal. City Administration says it's a green light for them. Council will vote on this after debating it.
Council will very likely pass this. But is seems like we still need $100 million from the province
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