Quote:
Originally Posted by Bingo
Anyone spending a boat load of cash wants a good degree of control over where a project is going.
City or the CSEC.
|
Certainly. It would seem prudent for the party taking on the liability of owning the building (including liability for major structural repairs, flood insurance premiums/ultimate rebuild responsibility, etc.)
Of course, since the bulk of the "boat-load" of cash from CSEC is actually coming from the facility fee, it certainly is important that we make sure they are actually able to deliver on that revenue front.
I'm actually watching the July 2021 council meeting - will make a post with a bunch of notes in the coming days. It's actually fascinating to watch it now with a little hindsight and trickles of details that have come out since.