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Originally Posted by CaptainYooh
Yes, absolutely. Good quality infrastructure can serve for many decades with proper maintenance. New subdivisions, with rare exceptions, take less than 15 years to get fully developed and start cashflowing back to the municipality.
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Fully developed or recover all of their infrastructure costs?
Quote:
Originally Posted by CaptainYooh
Not sure what you mean there. How will Peace Bridge pay for itself unless the city start charging user fees for it?
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I said 'should have'. The impact fees in the inner-city should have been high enough to cover the cost of the Peace Bridge's construction.
Quote:
Originally Posted by CaptainYooh
We don't even need to use Peace Bridge, it's too easy of a target. Think of investment in Public Transit in Calgary. It has never been able to pay for itself (let alone be profitable) and was always subsidized. It will likely remain subsidized unless the rates start climbing.
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The alternative to public transport is the private vehicle which doesn't even have a user-fee. With all modes of transport, a high degree of the operational costs are covered by property taxes. Where are you going with this?