'98 Sports Arena Land Sales Fund New Ontario Project

Summary


ONTARIO - City leaders couldn't be prouder of the way they're financing the community events center planned for a parcel of land near Ontario Mills.

Ontario will be picking up the tab for the 10,000-seat arena. Although previously estimated to cost $55 million, the center will likely end up being significantly more expensive.

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Extract


'98 Sports Arena Land Sales Fund New Ontario Project

Yet there will be no impact to the city's general fund budget, which pays for regular services such as police and road maintenance.

That's because the bulk...

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