Quote:
Originally Posted by Roughneck
Is this on top of the improvements already slated with the original CRL timeframe or a potential further $150M for improvements?
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The only “existing” project would be the $150m for the various Victoria Park upgrades, but that debt hadn’t been authorized yet, so I count it as new.
I think they have spent about $400m to date on various things. This would extend the total CRL Expenditure close to $1b, but I think a decent chunk has been paid back already. 20 yr extension would easily pay off another $550m based on the current and anticipated tax base in the Rivers District.