swampymudkip
Active Member
The Honda Indy is moving to Downtown Markham...
Those residents in the senior homes will have heart attacks...
https://www.yorkregion.com/news/ont...cle_b552e6f5-7a12-5b73-9dfc-8b64ab2ee801.htmlThe Honda Indy is moving to Downtown Markham...
So, all of this was done in secret, with absolutely no public consultation?Markham city council made the necessary financial commitments to host the event under a multi-year agreement. How many years the agreement covers was not announced Wednesday.
-------Opinion | Markham will host the Toronto Indy next year... This is a very bad idea
The secrecy, along with the mayor's past support of the highly questionable arena proposal, makes me wonder about this supposed "investment", and reminds me of the Montreal Formula-E financial debacle.... “To this day, no one from the city, Metrolinx, or Honda has reached out to the immediate residents to inform us of what is happening,” ...
... all members of council and senior staff were bound by a confidentiality agreement during negotiations with Green Savoree and INDYCAR...
... “None of the investment we are making for the Honda Indy is coming from property tax,” he said. “It’s coming from the municipal accommodation tax, otherwise known as the hotel tax, which is intended to build infrastructure and programs that attract tourism.”
It's the race promoters, Green-Savoree Toronto, who should be spending the money to pave the roads to be used as their race track, not the city. And even more strange is the part of the story mentioning that it will also cost the city if attendance is lower than expected, which would seem to imply that the city may have promised to give money to the promoters to make up for any losses? This doesn't sound good.Capital spending, which primarily focused on one-time infrastructure upgrades, has exceeded $12 million, the mayor confirmed. Much of that amount has already been spent, with additional resurfacing still underway.
"Downtown Markham" was always a specific masterplanned community by The Remington Group within the wider Markham Centre.Instead of the mockable "Downtown Markham", it appears that "Markham Centre" is now the term being used for this area.
https://www.markham.ca/sports-recreation-fitness/ontario-honda-dealers-indy-markham
https://www.yorkregion.com/news/hon...cle_42c1d2a2-aae2-5250-9382-c45871973933.html
The secrecy, along with the mayor's past support of the highly questionable arena proposal, makes me wonder about this supposed "investment", and reminds me of the Montreal Formula-E financial debacle.
Would this ever happen?"Downtown Markham" was always a specific masterplanned community by The Remington Group within the wider Markham Centre.
Downtown Markham by The Remington Group:
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Markham Centre:
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