Clive Doucet, his best Glebite buddy Ian Lee, and their amigos in the Glebe Community Association are against any development taking place in their neighbourhood. We Know... all of Ottawa is well aware...
... is it really necessary to waste everyone's time by calling a press conference and saying it again? To repeat the same tired old arguments that failed to persuade anyone before the last vote?
But meh, why not, lets shoot 'em down again just for fun. My comments are in red.
Lansdowne debate resumes in earnest (should read: "Two Clowns Speak, City Ignores Them")[url=http://www.ottawacitizen.com/sports/2010wintergames/Lansdowne+debate+resumes+earnest/2779230/story.html]http://www.ottawacitizen.com/sports/201 ... story.html[/url]
By Maria "Da voice of da Glebe" Cook, The Ottawa CitizenApril 8, 2010 6:02 PM
OTTAWA — As deadlines approach for a decision on renewing Lansdowne Park, the debate about the way forward resumed in earnest at City Hall Thursday.
Ian Lee, director of the MBA program at Carleton University’s Sprott business school, said it’s a bad deal for taxpayers to spend $129 million to renovate Frank Clair Stadium — particularly since the city will be borrowing in the face of a debt crisis and rising interest rates <which would be terrifying if interest rates weren't ridiculously low at the moment and the city were unable to lock itself into a non-variable rate>.
“We’re providing the land and the capital and I don’t see what we’re getting back,? <Well, fixing lansdowne, a stadium, professional sports, concerts, and infrastructure. problem solved?> said Lee, speaking at a press conference held by Capital Ward Councillor Clive Doucet. “The people who are benefitting are the owners of the sports teams.? <yes, especially since all the people who will use and enjoy lansdowne will have to be dragged there against their will, right?>
Kevin McCrann, spokesman for the Ottawa Sports and Entertainment Group, said the developers will spend $30 million to bring a Canadian Football League team to Ottawa.
“We’re building the retail component and parking and we’re contributing to the front lawn,? he said. “We’re also inheriting the losses of operating the stadium for years to come.
“There are very few stadiums that are privately built,? said McCrann. “This is Ottawa’s world-class open-air stadium. It will host Carleton University football games, soccer games, concerts. It’s a public facility. We think it’s a fair proposal.?
City council’s final vote to approve the Lansdowne Partnership Plan takes place in June. The results of a design competition for the public space will be unveiled May 13. A transportation study is also under way.
Lee noted that most stadiums built in the United States in recent years have had large amounts of private money behind them <not relative to the profits that NFL, MLB, and NCAA teams make from using the facility>.
For example, at the University of Phoenix stadium in Glendale, Arizona, which opened in 2006, the public contributed $344 million <oh really? is that all?> and the private sector $104 million <Wow, those Arizona Cardinals sure are generous! They've truly beggared themselves, having only $158M in revenues AFTER paying the debt servicing on their stadium loan! Why is OSEG so selfish?>. At the Lincoln Financial Field in Philadelphia, Pennsylvania, which opened in 2003, public cost was $202 million versus a private sum of $310 million <Way to go, Philadelphia Eagles! You're only get to make $218M in revenues after debt servicing. I mean seriously, why can't OSEG behave like NFL owners???>.
“The message is that it can’t be built unless the public sector builds it,? said Lee. “That’s not true.? <That's right, Mr. Lee! As long as the professional sports team is worth a billion dollars and raking in enormous profits, the public sector is totally only on the hook for $200M to $350M! I see the light now!>
The city plans to borrow $116.9 million at 5.35 per cent interest over 40 years, with a repayment of $283.9 million <it's spread over 40 years, and in terms of flow, debt will actually be DECREASING, but shhh, don't tell the readers!>. The city’s current debt is about $550 million.
“Every government is moving forward into an economic environment where interest rates are going to go up dramatically,? says Lee. “Is it prudent to borrow like there’s no tomorrow??<if you can get yourself locked into a relatively low interest rate right now? uhhh.... YA!!!>
Also at the press conference was “concerned taxpayer? <Wow, a concerned taxpayer??? They always make level-headed decisions, let's all listen!> Jean-Marie Leduc, of Ottawa. He recently returned from the Vancouver 2010 Olympics, where he displayed his collection of vintage skates.
While in British Columbia he visited Fort St. John, population 19,000. It recently built a sportsplex that contains two NHL sized ice rinks, an Olympic-sized speed skating oval, a figure skating facility, 12 dressing rooms, a 400-metre running track, meeting rooms and more.<I'm sure the Ottawa 67's won't mind playing in a facility that has no seats for the fans . And they did that without any kind of major international sporting event to boost demand for facilities and public support?... what's that?...what the heck is "the Olympics"?>
It cost $41 million , with local taxpayers paying $15 million and the province contributing $26 million. In addition, the federal government has given $5 million for the parking lot. <Amazing! Hey, what did the private sector contribute? Oh, and the town will be on the hook for any operating losses (which are pretty much guaranteed), but shhh, don't tell the readers! Mum's the word!>
“It’s gorgeous,? said Leduc. ?I think we can do much better (than Lansdowne Live.)" <Really, vintage skate collector? YOU think we can do better? Well, that settles it. Throw out the fact that no other feasible plan has ever come forward, the vintage skate collector is confident the golden goose is just around the corner!>
Doucet noted that Lansdowne is not eligible for provincial or federal funding because it is a sole-source project. Lansdowne is not eligible for provincial or federal funding because it is a sole-source project <The word "noted" is a little vague. What actually happened is Clive Doucet removed his shirt and displayed his "Lansdowne is not eligible for provincial or federal funding because it is a sole-source project" tatoo, newly incribed across his back>.
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