Quote:
Originally Posted by bizaro86
That seems like a potentially huge conflict of interest. If anyone on council/city staff told Genstar this redesignation was imminent, they had material non-public information about this land, as extra exits off Metis probably make it more valuable.
People were pretty upset about our last mayor's land purchases in Sunalta, this seems like it has the potential to be similar. Is Genstar a big donor to municipal candidates?
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Like I said, the city requested a report studying the option to reclassify the same day the Tunnel was approved, in February 2011. The report came back to committee back in summer, and this land sale was only completed less than a month ago. It was public knowledge that Metis was likely going to be redesignated well before the sale happened. There were newspaper articles out when this report came out. I don't see where Genstar would have got any "inside" information.
The thing that article doesn't mention, is that with the redesignation, Genstar is now responsible to pay for the twinning of Metis, not the city.
The only extra entrance that Genstar will get will be at the very SW corner of the subject lands, at Metis/88th Ave. That access certainly does give better access between the land and Metis Trail, and thus Airport Trail and Deerfoot. Essentially, all access to the land will be off of 88th Ave.