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Old 09-13-2017, 02:51 PM   #143
Hot_Flatus
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Quote:
Originally Posted by Bingo View Post
Well then brace yourself!

If the city gets to decide location, grandeur and cost they clearly need to be a bigger stake holder in it.

Why would a private company give up complete control in a project and then pay 100% of the costs?

And the Edmonton model is what it is. It's recent, it's nearby, it fits into the same industry ... of course they're going to refer to it. You would too.
Using the Edmonton model the city would be on the hook for 2/3's of the cost ($400M) plus an understanding that CSEC can take 35 years to complete playing their 1/3 share ($200M). I believe that's something like $5.5M per year to the city....what a disgrace.

Is that not a monster contribution by the city in your eyes when they would absolutely be responsible for the entire financial burden of the project?
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Last edited by Hot_Flatus; 09-13-2017 at 02:57 PM.
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