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Originally Posted by Acajack
New Gatineau arena project, at least in the form it has been proposed for many years, is officially dead.
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Disappointing, but not unexpected.
This Ottawa Citizen article has more detail, but more questions too.
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“The main reason was that it was too expensive,” Mayor Maxim Pedneaud-Jobin said. “At that price, we had to reflect back on why we were doing this and we felt that the justifications were not strong enough for such a price.”
The vote to cancel the project after already having invested $7 million came only a few months after the city renewed its call for bids, increasing the initial estimated cost of $63.5 million to $74.4 million.
The city now hopes the private sector will step in to build an arena for the Gatineau Olympiques once their aging home ice is demolished after the 2017-2018 season.
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As a Gatineau taxpayer, I am appreciative of the desire to keep the project on budget, but am fearful that they still seem committed to tear down the Bob in 3 years without a replacement plan (at present). That would seem to put the city in an unfavourable leverage position, no?