Quote:
Originally Posted by Cali Panthers Fan
So again, judging by the city's rebuttal, the Flames' math is off. There's a chunk that is simply unaccounted for, and in the Q & A section the City indicates that the CRL doesn't cover nearly as much as the Flames believe because part of it is already spoken for.
So I will just wait for the Flames to hire an accountant. Locke, care to help them out?  |
It actually indicates all of the CRL is spoken for
Due to the downturn in the economy and with only 10 years remaining on the CRL (conclusion in 2027 as per provincial legislation) only $150M of additional CRL remains. Due to the downturn in the economy and with only 10 years remaining on the CRL (conclusion in 2027 as per provincial legislation) only $150M of additional CRL remains. Earlier this year, CMLC determined the balance of the CRL would go toward infrastructure improvements in Victoria Park (e.g. 17th Avenue extension, street improvements, RiverWalk extension).
https://www.scribd.com/document/3595...ring-proposals
That $150M is the 'indirect' costs the city has in their infographic.