Quote:
Originally Posted by Yoho
Too bad we listened to her on bridges and that library.
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Bridge was provincial money earmarked for pedestrian infrastructure improvements.
Has paid for itself in reduced home heating costs for large portions of the city with all the unbridled rage it causes people.
The library was a CRL and community investment fund that, IIRC, drew from the Municipal Sustainability Initiative which is also a provincial funding source with restricted uses (one of which being libraries). $25M was for the LRT encapsulation which would have been required to have any kind of development on that site.
So neither are particularly good examples of projects that affect the city’s tax needs and operations.