She mentioned it on CBC this morning as greenhouse gas mitigation including solar.This quote is hidden because you are ignoring this member. Show Quote
She mentioned it on CBC this morning as greenhouse gas mitigation including solar.This quote is hidden because you are ignoring this member. Show Quote
Initial Cost Dec 2019 - $550m
City $275m, CSEC $275m
July 2021 Cost - $608.5m. This was the first time that the deal wasn't going to happen. CSEC pays a little more to keep the project moving.
City $287.5m (+$12.5m), CSEC $321m (+$46m)
Oct 2021 Cost - $634m. This is the latest projection. Things still going ahead.
City $287.5m (+12.5m), CSEC $346.5m (+$71.5m)
All of the above so far seems like it's from cost increases. City then adds $19m of scope creep, and want to split the cost with CSEC. Ya, I can see why they're saying fuck off.
I'm surprised CSEC didn't kill the deal earlier and still committed to an additional $71.5m plus be responsible for overruns, especially when their PR listed increasing costs as a factor. So they were ok with that at first, but the outlook is probably pretty fucking brutal (costs went up another $25m in 3 months lol). They're not OK with the city cramming more shit in on principal, or the fact the city can keep fucking them and adding more shit down the line.
So @killramos is right, an easy out on spiralling costs. First increase was $46m after 19 months. Then it was $25m after 3 months.
Originally posted by SEANBANERJEE
I have gone above and beyond what I should rightfully have to do to protect my good name
You don't need to spend a billion dollars to watch some kids from Sweden and North Battleford wack some pucks with sticks.
I get why they are pulling out. Yet, I feel they are technically still interested, but don't want to continue springing for the overruns - so hardball it is.
On the face of it this all seems great. But I bet its back on within 18mo with the city footing the entire bill.This quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
I'm surprised anyone thought this would get built for less than $1 billion.
'08.5 Mazda 3
'90 Laser RS-T
'07 Yamaha R6
Gondek is an absolute clown. Her tweets were such an underhanded move to make CESC look bad while twisting the narrative, and she was very successful at that. Sports social media ate up her bullshit comments. This has pretty much been her style for everything since she came into office. I personally don't really care about a new arena, sure it would be nice to see high end concerts here, but her fucking manipulation drives me up the wall.
This quote is hidden because you are ignoring this member. Show QuoteOriginally Posted by SugarphreakThis quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
A large chunk of the July and October jumps was CSEC taking on the added costs, but in exchange for getting their own project manager in and CMLC out, which also prompted the additional design cost changes (getting rid of some 12th Ave frontage, parkade on the East side, etc.) So CSEC was basically taking on the extra costs with the hope it would help them out in the long run at managing costs by buying out the design and project management control.This quote is hidden because you are ignoring this member. Show Quote
So that plus the added cost overrun risk becomes a much more expensive proposition than anybody had planned for.
So she's using her powers for good instead of evil?This quote is hidden because you are ignoring this member. Show Quote
talk is cheap, and its becoming increasingly clear Gondek has nothing else of substance between her ears to back it up.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
It's certainly better for the climate NOT to build an arena. Big win for Climate Emergency.
This quote is hidden because you are ignoring this member. Show Quote
It's because the building was designed to be extremely ugly. They pulled the pin.
Also, Gondek is the worst. 4 more years.
Can we rename it Climate Pledge Arena? That would get built in a heartbeat . . .
This quote is hidden because you are ignoring this member. Show Quote
Calgary wanted a rheeing banshee, they got a rheeing banshsee.
What if CoC does a worldwide GoFundMe. Call it the Greta arena and we'll prolly get the entire thing for free.
Any $300M+ naming rights deal like the Climate Pledge Arena would do it, probably.This quote is hidden because you are ignoring this member. Show Quote
For that money you could call it the Drill, Baby, Drill Arena.
Finally a great idea from Kert! Lets run a "Fuck Trudeau" fundraiser. All proceeds from stickers and flags go towards naming rights of the same. It would get built tomorrow.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show QuoteOriginally Posted by SugarphreakThis quote is hidden because you are ignoring this member. Show QuoteThis quote is hidden because you are ignoring this member. Show Quote
You realize that’s just a voluntary tax right?This quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show QuoteIt's nice to see all sides of the political spectrum come together here. Warms my heart.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Good call.This quote is hidden because you are ignoring this member. Show Quote
Now they can spend all that extra money on more bike lanes, art light hoops and other useless bullshit.