Council needed directors to advise them of those facts? Sorry...But I don't believe that for a moment. I'm no realtor, and don't kmow of all the bylaws and zoning bylaws in this Town. But I do know that nobody would have been able to do squat with that property if they were to buy it. Totally worthless piece of land and building for a private purchase. So the way I see it, we gave them the Hydro building for free. The rent they're paying I'm sure doesn't cover the maintence costs for the year. And we gave them half a million $'s for a contaminated building that we have to clean up and bring to code to use for God knows what. I think there's a whole lot more to this story than council wasn't properly informed. Or we got a whole lot more stupid people in this Town than what I imagined.
Posted by Anonymous to Our Town and Its Business at 1 May 2016 at 22:19
What are you arguing. You repeated everything I told you. Where were you when I needed
We didn't just give the hydro building away for free. The deal cost us .You are still not getting the full scope of the boondoggle.
If the hydro building was redundant to town purposes, it should have been sold. MIllions would have been realized in a cash asset.
Twenty-seven jobs could have been accommodated . $67,000. In tax revenue would have been
collected annually by the town.
When we leased it to DND ,we forfeited maybe $10 million cash, $67,000 annual revenue and at least twenty-seven jobs.
Instead we receive rent and a thirty year lease. We are responsible for all maintenance of building and property.
No tax revenue, no cash asset of millions, no jobs for residents.
But we needed the building. It was not redundant to needs.
The parks department made good use of the facility. Public works could have taken over
their space and redeveloped the end of Scanlon Court to suit their needs.
The location is perfect.
Twenty-six million, much of it borrowed, did not need to be spent on a joint facility situated at one of the worst curves on the Industrial Parkway.
I have provided the details many times and argued them in Council. It's not news. Each time It's repeated a fury is unleashed. An anonymous caller called me gutless within the hour.
The CAO responsible, congratulated by Council of the day for business acumen has gone on to
bigger and better things. The last Council extended the lease from ten years to thirty. That is a giveaway.
If we have no use for the property for thirty years, it should certainly have been sold.
But it was more important to curry favour with the Rangers.MLA Chris Ballard,who held no office at the time, was the connection between the Rangers and the former Mayor.
Incredibly, the current and former Mayor, turned out to be of much the same mindset.
But he couldn't do it alone . He had help. The decision was unanimous bar one.