Quote:
Originally Posted by Roughneck
Without CalgaryNEXT the city would use the CRL to fund that infrastructure.
With the proposed funding model they need to pay for the infrastructure from the general coffers and use development to fund CalgaryNEXT when the property tax from CalgaryNEXT should be funding the CRL that is paying for the infrastructure to encourage development (like was done for the East Village).
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Well I'm certainly not looking to defend or argue down CRLs for tax collection. I've certainly seen the logic in the CalgaryNext project taking up too much tax collecting property space.
Once again I'm not in favour of CalgaryNext.
But I still think it stands that a project that takes up 40% of the space shouldn't be assessed at 100% of the infrastructure.