This is one thing to "invest" 5,000$ or so for planning process, legal or expert advises - that is reasonable (and others did it without - Haifa, Argentina, DC, Poland..) 64,000$ is not. 

On Sat, Aug 25, 2012 at 10:42 PM, Thomas Dalton <thomas.dalton@gmail.com> wrote:
On 25 August 2012 20:28, Itzik Edri <itzik@infra.co.il> wrote:
> Sorry, it's undiplomatic to interfere with others budget plans - but I just
> can't ignore how the future of Wikimania will look like if others will
> follow UK plans to invest £40,000 only for the bid process (about 62,000$).

To be clear, that plan is still in draft, and that particular item has
received plenty of opposition.

I am in favour of spending money on bids - it is necessary if we want
to get professional quality bids. I am not in favour of spending that
kind of money on bids, though.

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