A 250 thousand USD statue of Jamaican Olympian Usain Bolt is said to be erected in South Florida.

The statue is said to be worth more than an Olympic gold medal, which some residents are calling “ridiculous,” but the city says it’s worth the price for a sculpture of the super-fast athlete.

The statue will be paid in four instalments to artist Basil Watson and will be placed at the Ansin Sports Complex at 10801 Miramar Blvd.

Miramar City commissioner, Alexandra Davis, hopes Bolt’s statue will help draw more international, world-class athletic events in the region. Another City Commissioner Winston Barnes calls Bolt “a phenomenon,” but thinks spending $250,000 for the statue is ‘ridiculous’ and “a waste of taxpayer money.”

It is not yet decided what the statue will look like or even the pose, but it is a possibility that it will be his striking lightening pose.