Details emerging on Regina stadium plans
CBC News
Posted: May 1, 2012 3:21 PM CST
Last Updated: May 1, 2012 10:18 PM CST
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Deputy city manager Brent Sjoberg says Regina officials will release more details about a new stadium on Friday. (Adam Hunter/CBC)More details are emerging about the potential sources of money to pay for a new football stadium, as part of a multi-purpose venue associated with a development project in Regina.
Ken Cheveldayoff, the cabinet minister who has been representing Saskatchewan, said Tuesday that Regina is requesting $230 million from the province, as a contribution to a portion of the overall initiative.
"That includes the existing site for Mosaic Stadium," Cheveldayoff said, when asked what that money would be spent on.
Cheveldayoff said the money would also be spent on the proposed site of a new stadium, and the stadium itself.
"That is the total that encompasses all of those three areas," Cheveldayoff said. He added that provincial officials were "asking for more information from the city."
Brent Sjoberg, Regina's deputy city manager said $200 million is being sought, from the province, to build a new stadium and another $30 million, also from the province, would go to the overall redevelopment plan.
He added that the federal government will also be asked to contribute to the overall redevelopment plan.
Sjoberg also said that no private sector dollars would be spent on the construction of a new stadium, but the private sector would play a major role in the redevelopment plan, which includes office buildings and housing.
He said a technical briefing, outlining the plan in more detail, was set for Friday.
Sjoberg added that the plan will still require approval from city council.
He noted that the province will need to make a decision about its role in the project by May 31.
Cheveldayoff said it would be fair to say the province is looking at the project in a favourable way.
"I've always said that the status quo is not on," Cheveldayoff said. "We've got a facility that's 100 years old."
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