Posted Nov 30, 2010, 11:25 PM
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BANNED
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Join Date: May 2010
Posts: 499
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The public gamble and guaranteed loss is giving up public space, losing heritage and paying hundreds of taxpayer dollars for that privilege.
Competitive bidding works. Conservancy case in point. Right of the bat $200M less expensive and $300M to the taxpayer advantage.
The added bonus is that the nonprofit bid is available for the city as a competitive bid under the rules of procurement.
There is no reset, the City can adopt the Conservancy model right away.
There are no zoning issues, no heritage issues, no OMB issues.
Competitive bidding works.
If OSEG decides to pull the franchise even with a new stadium, than the answer is pretty clear it was never about football.
What you also have is a park without a tenant for the stadium. So you don't rebuild the stadium at Lansdowne but you preserve the
North Stands, arena and trade space and end up with a beautiful amateur sports facility for all of Ottawa, most notably the 50,000
members of the EODSA soccer league who are on the constant lookout for fields.
You also end up with a park developed in a heritage fashion for $47M.
And you end up with the developers looking to intensify at the transit hub and examine the benefits of a new full stadium there.
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