Hello, Ward 8 Neighbours!
At the November 6th, 2019 General Issues Committee (GIC) Hamilton City Council agreed to proceed with the next phase of the Hamilton 100 Commonwealth Games Bid.
For more details, please continue reading below…
A committee organizing a bid for Hamilton to host the 2030 Commonwealth Games has received the blessing of councillors to continue a pitch to land the sporting event a century after it was first held in the city.
Hamilton 100 will forge ahead with a flurry of preparations to provide details to council about the cost and logistics of setting the stage for what’s estimated to be a billion-dollar-plus production.
Coun. John-Paul Danko said he was “cautiously optimistic” so far, but expressed concern about the quickly arriving deadline to commit to the massive pitch.
Danko asked staff to return Jan. 15 with a list of outstanding questions to give council more lead time on what could be at stake.Teviah Moro – Hamilton Spectator
Why Should Hamilton Bid to Host the Commonwealth Games?
In general, I support the legacy city building potential of hosting a major international sporting event in Hamilton.
The fact that the 2030 Commonwealth Games will be the 100th anniversary of the first games originally hosted by Hamilton in 1930 as the British Empire Games on the site of Ivor Wynne Stadium brings an undeniable excitement and nostalgia to the bid.
Hamilton also has a long standing deficit in high quality and high performance sports facilities which would be an important legacy component of hosting the 2030 Commonwealth Games.
How Much Will it Cost for Hamilton to Host the Commonwealth Games?
Hamilton 100 estimates that the total cost of hosting the 2030 Commonwealth Games will be $1.3 to $1.4 billion dollars.
It is anticipated that partnerships with the federal and provincial governments will cover up to 80% of the total cost of hosting the games, although that still leaves $260 to $280 million dollars to be funded through local business sponsorships and City of Hamilton taxpayers.
However, it is important to note that less than half of the cost of hosting the games will be invested in capital infrastructure, which dramatically reduces the leverage of federal and provincial funding.
Further, City staff have a deadline of February 19th, 2020 to report back to Council with full details of the complete bid.
Given the extremely tight timeline and complexity of analysis required, I am not sure how Hamilton City Council will be in a position to make an informed decision on a $1.3 to $1.4 billion dollar investment that will require hundreds of millions of taxpayer dollars within the bid timeline.
Questions or Concerns?
For more information, a copy of the Hamilton 100 2030 Commonwealth Games bid presentation to Hamilton City Council is available here.
If you have any questions or concerns, please contact our office here.