Renos to BMO

Yes....BMO is hosting rugby....so we will be away until May and then have to vacate for about a month

 

Given that soccer is one of the sports in the pan am games, you would have thought that that was what they'd be using BMO for.

 

Argentina and Uruguay are big rugby playing nations....as are Canada and USA....not sure who else is into it...at Pan Ams I think they play Rugby Sevens...don't quote me on that though.

 

I think they needed soccer to entice the money to the new Hamilton stadium after the track and field was moved.....soccer was originally supposed to be played in a variety of venues around the GTHA but was relocated into the single Hamilton venue.

 

Speaking of renovations, did anyone else notice the new bleachers they put in front of the regular north end seats?

 

There are a few new "premium" seating options this year. The ones you notice (in the NW corner?) are called "director's lounge" seating. That box/lounge in that corner is the director's lounge and the red seats in front are for visitors/guests/etc to that lounge.....essentially, they cut the red seats in half and added those new black seats (the barriers in front of seats are tables/shelves for drinks food) with premium type seats and in food, box style, food service. I can't remember all of the other new premium areas (buddy at work was considering them) but there are a few......one I do know is there are now two group/patio/party areas right up top of the west stand on either side of the press box.....I think those are for groups of 30 - 40 and should offer a pretty spectacular view of the city (considering that anyone renting those is likely only partially - at best- interested in the match )

This is all part of an "inventory maximization" effort they are going through right now. With the current payroll they are destined to lose money for the first time in club history....even though they accept that, they are tyring to minimize those losses wherever possible.

 

But Larry Tanenbaum is.

 

Thanks. I did not know what they were. It's nice to see that the first row of seats is now closer to the pitch.

 

http://www.winnipegfreepress.com/sp...re-as-he-tries-to-prepare-turf-252331821.html

 

Norm Kelly ‏@DMayorKelly 30m
Pleased to advise #TOcouncil voted 39 to 3 in favour of Renovation and Expansion of BMO Field: http://bit.ly/1iB8h9P #TOpoli #Toronto


Opposed were Mayor Rob Ford, and Councillors Doug Ford and Mike Del Grande.

 

Rob Ford opposed? That's a shock after he recently opposed motions to congratulate our olympic athletes and to rename a steret after nelson mandela.

 

while he claims those were accidents....he purposefully opposed the BMO project as he does these days on anything that involves the city spending any amount of money.

 

He is firmly establishing himself as the candidate that does not spend money....regardless of what the opportunity is....that may fall apart when someone points out that the city had a replacement for the Scarboro RT at no cost to the city and he pushed for a different replacement that will cost $1B of city money.

 

and converts a variable payment to a guaranteed payment.

 

None of this makes sense. Why would MLSE need $10 million from the city that they will pay back with interest?

 

Wouldn't the rate of return be higher if they just paid it themselves and forego the interest all together?

 

In today's low interest rate world, equity has a higher hurdle rate of return than debt.....borrowing money provides positive leverage.