View Single Post
Old 07-29-2013, 10:14 PM   #4141
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
Default

Quote:
Originally Posted by Flames in 07 View Post
Its more than an excuse. If you truely believe it's an excuse to keep the money there's probably not much to debate with you. Between the start of the debate on this topic and now a massive disaster happened here, the biggest in the city's history and maybe the biggest in the history of the Country, the landscape has changed. The City alone has 1/4B and counting in damage, so they'd just ask for the money back next year and then some. Further, I can think of 1/2B to a B in future mitigation that could be evaluated that the province nor the feds have discusssed. Calgary has a ton of flood related expenses going forward, they'll rip through that 50M in a heartbeat.
I called it an excuse because the city had designs on keeping this money before the flooding. I also take issue with the amounts being put forward because I know for a fact the city has losses that were insured. Like I say, we don't know what the costs will be at the end of the day.
Slava is offline   Reply With Quote
The Following 3 Users Say Thank You to Slava For This Useful Post: