Cold cash has cooled football fever in Oshawa.

At a meeting of the strategic initiatives committee yesterday morning, councillors rejected the idea of building a stadium for the Hamilton Tiger-Cats because Oshawa doesn’t have the money.

“The taxpayers of this city cannot afford a $200-million stadium,” said Coun. Nester Pidwerbecki. “There’s no way we wouldn’t be caught putting millions into this thing. Oshawa can’t afford these types of boondoggles.”

Last week, Coun. Robert Lutczyk excitedly proposed to offer the CFL team a new home after Tiger-Cats owner Bob Young told Hamilton they could be leaving over a dispute about the site of a new stadium.

Lutczyk suggests building it near Highway 401 in Oshawa as a venue for the 2015 Pan Am Games soccer matches, later to become the permanent home of the Tiger-Cats, renamed Titans, if he has his way.

He said most of the facility’s cost would be paid by the CFL and the Tiger-Cats, and the stadium could also be used for concerts, monster trucks, and other sports events.

But most of his colleagues had already made up their minds, reinforced by city manager Bob Duignan’s warning there’s no room in Oshawa’s financial plan or debt load for another major project.