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Old Posted Oct 30, 2018, 8:35 PM
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JHikka JHikka is offline
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Join Date: Jul 2009
Location: Toronto
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Via Global:

"Dubé said on Tuesday that the municipality is not interested in helping with the operating and maintenance costs of a potential stadium. It was a statement echoed by many councillors, who said they would vote down any proposal that saw operating and maintenance costs be footed by the municipality. Instead, staff said that they are recommending the use of a Tax Incremental Financing (TIF) model."

Which clarifies that at least.

So MFLP is looking for government money, they would carry the debt and own the stadium, and be on the hook for maintenance and operating?

"The CAO also revealed that Maritime Football have been talking to SMU and Dal and are looking at making the stadium a full-time ice surface in the winter as well as other partnership possibilities."

SMU and DAL seem like no-brainers. Curious how the field would hold up with an ice surface on it all winter and how often that would be utilized and how much revenue that would generate.
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