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The results of months of confidential negotiations between the city and the Calgary Flames ownership group were publicly released this week, revealing that the cost overruns clause from the deal for the new facility had been triggered. That means the city and the Calgary Sports and Entertainment Corp. (CSEC) split an additional $25-million contribution to the building, adding up to a new cost of $575 million.
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But creating the Saddledome’s replacement was set to be even costlier, with the current price tag estimated at $608.5 million. City manager David Duckworth told council Wednesday that change led to lengthy talks to find a solution.
Beyond Van Gogh immerses viewers in painter s most famous works
calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
Beyond Van Gogh immerses viewers in painter s most famous works
calgarysun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgarysun.com Daily Mail and Mail on Sunday newspapers.