If you happen to have the afternoon off, you can do no better than check out the hottest ticket in town at Vancouver City Hall. “Billion Dollar Baby” might not be a movie (yet) but the based-on-a-true-story part is now playing. At 2:00 pm today, Mayor Gregor “Disclosure” Robertson is hosting a special city council meeting about the fiasco at the Olympic Village. It’s expected the meeting will go into “rescue plan” options, though it’s unclear how much detail will be provided. Regrettably, I won’t be on-site to provide reports but I intend to scrape together an update by the end of the night.
A few things before I go: Over at the G&M, columnist Gary Mason is calling for an inquiry into the grand debacle. For Gary, the stakes are high because it’s not just Vancouver, it’s Gary Mason’s Vancouver. (Media people will get this joke.) Meanwhile, Miro Cernetig, the Sun reporter with an inside man on West 12th, is hinting at disturbing new details. According to Miro’s secret source, project financier Fortress Investment Group is entitled to “huge” penalty payments if the city attempts to refinance. So if by some miracle the province or the feds choose to lend us money at a better interest rate, Fortress may be in line for a $100-million bonus. My apologies to those who just read that and threw up.
My apologies, too, to those who never wanted to see Larry Campbell’s mug atop Hilary Swank’s bod. I admit that isn’t for everyone. Sorry for any inconvenience.
Photo credit: Condohype/Tris Hussey/Mike Tippett