Quote:
Originally Posted by Erick Estrada
I'm going to have to disagree. Not worth $155 million (which will surely go over budget).
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Not worth it to who?
The vast majority of that is being covered by Prairie Sky itself. Private money.
Article from 2021:
https://www.cbc.ca/news/canada/edmon...nton-1.5923472
Prairie Sky Gondola says it doesn't want any money from the city for the project, which the company says would cost between $132 million and $155 million.
"It would be one thing if folks were coming to the city of Edmonton saying, 'We have this really great idea — all you need to do is spend $100 million,"' Mayor Don Iveson said before voting in favour of the framework.
"What's actually happening here is someone coming and saying, 'Hey, we think we want to spend $100 million or more in your community to do something cool that we think we can make work economically."
Prairie Sky will also pay yearly fees to the City:
https://www.cbc.ca/news/canada/edmon...ncil-1.6535766