Toronto Mayor Wants Guarantees For Toronto 2015 Pan Am Bid

If Toronto hosts the Pan American Games in 2015, the aquatics centre that would house two Olympic-size swimming pools and a 10-metre diving tower would be the only new sports facility constructed in Toronto.

The National Post also reports municipal spending would include $37 million toward a new “elite-calibre” aquatic complex and field house to be located on the Scarborough campus of the University of Toronto. The city is also setting aside funds to invest in upgrading existing sports complexes, like the track at Centennial Park and the Etobicoke Olympium.

But Toronto Mayor David Miller is reportedly looking for “legally binding” guarantees from the federal and provincial governments so that the city of Toronto won’t end up footing any extra money as part of a region-wide bid. The National Post reports Mayor Miller attached a last minute condition to Toronto’s support of the bid, to which the city executive committee decided Tuesday it will contribute just under $50 million.

Former Ontario premier David Peterson, chair of the bid committee, told members of Toronto’s executive committee, “it’s a chance for the city to have a great party with no hangover whatsoever”.

He said the federal and provincial government’s have already slashed their contributions to the Pan Am games from an initial $1.7 billion to $1.4 billion, which means some projects had to be cancelled. It includes a new aquatics facility and a velodrome for cycling.