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Old 08-27-2015, 09:31 AM   #2758
stone hands
Powerplay Quarterback
 
Join Date: Mar 2013
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Quote:
Originally Posted by Fighting Banana Slug View Post
Do you really think that is a Flames cost to shoulder?

I am surprised the lack of attention the city has received in how they dealt with the original purchase. I believe the Herald indicated that the City purchased the land in 2009 (not ancient history by any stretch), that there were concerns about the cost of clean up and the due diligence conducted, the City purchased the land anyway and took the environmental liability to boot.

That is brutal. Why were they in such a hurry to purchase the land? In particular, if you believe the line of thinking that East Village needs to be complete before West Village? What good is the provincial indemnity, if it only applies if the land isn't developed? What was the plan?
If they want to use land that needs to be cleaned up and isn't in the plans for government spending any time soon, yes
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