1. The Stade de France does not have a tenant and is managed successfully.
2. Are you suggesting Stade de France are some worst case scenario because Investec had too many conditions?
3. The stadium was necessary to host matches up to the semi-final stage as no other site was available and neither athlone or newlands could be expanded.
4.
2010 stadium wont affect basic services
Can you compare management of and attendance in a stadium in a 3rd world country (getting more so every year) to a 1st world country like France?
Athlone was too full of poverty for the world to see. They weren't prepared to upgrade the area.
The stadium was crumbling because
1. It was old. Councils/cities are not good at maintaining facilities because thats not their key role. Hence the stadium operator with years of experience...
2. It was not maintained by the ANC run city for years and years
3. Why does the stadium operator need to recover the cost of the building?
4. They are going to remove 13,000 temporary seats and include additional suites/conference space as 68,000 is not feasible post 2010.
5. The public participation was adequate and in many cases exceeded the requirements. Enviro partnership are a reputable company and if you are suggesting they fast tracked everything and adjusted the results then you need to go back to every project they have conducted.
At last, a thoughful answer. Thanks ----> Lydon & Henry take note.
I've noticed that the DA councils are not very good at maintenance of things either.
I believe the costs should be recouped from somewhere, the prime source obviously being what was constructed. Sadly, I believe it is a money pit which we can least afford and we will never see a proper R.O.I. You already admit that the stadium is too big to be filled "post 2010". This sounds like a white elephant already.
I'd be interested to hear how you envisaged the public participation and what the requirements were/are. Demolishing the stadium and pouring the foundations is not the thing to do BEFORE public participation is complete. That's called showing the middle finger or 'going through the motions' just like the ANC government does all the time.
You seem to provide quite a bit of evidence of meetings with the public, but none of it was going to stop the project or have much effect on it. So what was the point? It was a decree from government which had to be obeyed. The City took the money and ran.
Why do we need to pay it off? The stadium is not funded from debt.
The city was handed over R2 billion and told to either build a stadium or lose the R2 billion. What would you do?
Green Point as a site and venue was a national decision ratified by the government.
So somebody gives you R2 billion plus to build a stadium, within walking distance of the country's most valuable land asset, which attracts 22 million visitors annually. Within a 3 minute drive or 15-20 minute walk is the the most successful CBD in the country with close to R30 billion being invested in it over the next 5 years. This CBD houses the main transport hub in the region and is the ideal distance from the stadium to deal with crowd control.
Oh, and the stadium is situated at between signall hill and the Atlantic Ocean, with the world's most beautiful backdrop, in a large urban park.
What would you do? Say no to the R2 billion...suppose you would.
I hope you're not saying that the City was handed the total amount? I understood that they had to make a substantial contribution from their own coffers!!
“In return for putting in around R1-billion of City money for the stadium, operating costs and public transport...
I'm glad you mention the backdrop, which was reputed to be the prime reason for site selection.
The City had indeed cut back on services - we all see it. Try calling someone there and see if they even pick up the phone. Rates have gone up as well.
1. The contract between the city and Stade de France goes as far as covering the case where Cape Town does NOT host World Cup matches for any reason.
In that case Stade de France have chosen to remain operators and only request that the city provides some funding to bulk up the lost marketing potential due to world cup matches not being staged at the venue.
In addition to operating the venue post 2010 they will manage the stadium from 2009 ensuring the best possible preparation for world cup matches.
..
2. Why do we need to recoup costs?
The stadium will cost R5 billion. Thats exactly what its meant cost us.
The only time we should become worried is if the figure goes beyond R6 billion.
If somebody gives you R30000 to buy a new BMW in 4 years time. Is that possible? Let's not even begin to touch on how government calculated their stadium funding allocation.
Oh, so it was R2 BILLION a few lines above, now it's R6 BILLION
. When will the new cost be announced?
Did the extra come from government as well?
{I do understand the time value of money, thanks}
Remember in some cases under 50% of the match tickets in a stadium are reserved for local spectators. Foreign teams are allocated tickets, sponsors, partners, hospitality, MATCH, officals etc.
I hear they are also giving construction workers tickets.
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