Does the Pan Am Games Corporation provide any direct capital funding for facility development costs?
A. Yes, funding arrangements are in place for several of the new capital facilities being developed for the Pan Am Games. For example, the City of Hamilton is receiving approximately 56% of their capital funding for the Pan Am Games 15,000 seat stadium from the Host Corporation (Pan Am Games). The cost of this new stadium is estimated to be $102 million. The municipal share of the project is approximately 44% or $45 million.
