Quote:
Originally Posted by 240glt
I’m guessing that’s referring to lifecycle or capital equipment replacement costs
It’s a bad deal because it gives no incentive to maintain the facility properly with no penalty for running the place into the ground. Edmonton signed a similar deal for the arena up here.
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The City of Calgary is responsible for those "uninsured" maintenance costs. So, no, the place won't be run into the ground. Is it a bad deal? Without knowing what's meant by "uninsured maintenance," it could be a horrible deal or nothing to worry about.
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