Should the Canadian Football Hall of Fame be moved to the new stadium?
In June Hamilton agreed to loan the hall $50,000 in emergency money
The city is investigating moving the Canadian Football Hall of Fame to the new Tim Horton’s Field stadium, but the chair of the board says it’s just one possible location.
City council directed its staff on Wednesday to look at what’s involved in relocating the museum, which the city had to bail out of a recent cash crunch. The new stadium will be operational this summer, and substantially completed in October.
The investigation will focus on a room that will be used as a caretakers’ lounge and FIFA warm-up area when the city hosts soccer matches during the 2015 Pan Am Games.
The new stadium is one of the locations the hall of fame would like to examine, said Dave Marler, former Hamilton Tiger-Cat and chair of the hall of fame board. But he’s sure there will be others too.
“This is just part of the investigation process,” he said. “It’s known out there now that we need to find a new home.”
The board doesn’t have any other locations in mind, he said. But it’s looking.
“This is very early in our process,” he said.
The hall of fame has struggled with declining attendance for about the past five years. A major sponsor also withdrew its support, causing a financial hit to the hall of fame.
Earlier this month, the city agreed to loan it $50,000 in emergency money to pay staff and take care of “outstanding debt.” If the city is satisfied after looking at the hall of fame’s financial information, the loan could turn into a grant of $100,000.
The hall of fame has given the city its audited financial statements, said finance head Mike Zegarac. The city just wants to see some more information on its cash flow.
The city owns the current hall of fame building, which is located next to Hamilton city hall. The city spends about $130,000 per year to operate and maintain the facility.