Coincidence or Planned

This topic contains 10 replies, has 2 voices, and was last updated by Ken Gray 6 months, 3 weeks ago.

Viewing 11 posts - 1 through 11 (of 11 total)
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  • #743493 Reply

    Kosmo

    It would be interesting to know if the NCC announcement on Lebreton Flats and the City’s announcement on the LRT was planned while Mayor Watson was to be out of town on “business” or just a coincidence ? Anyone else thinking this?

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    #743544 Reply

    Bob LeDrew

    I suspect Melnyk probably didn’t want to have to fake-smile through the photo op.

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    #743550 Reply

    Ron Benn

    Perhaps Mayor Jim Watson did not want to be in town when the successful conclusion to the NCC-Rendevous LeBreton negotiations were announced?

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    #743555 Reply

    Ken Gray
    Keymaster

    Ron:

    From what I take from the release on the main Bulldog, it looks as though the NCC has taken the land market price that all parties agree on and dropped it to compensate for the remediation costs.

    Is that how you see it?

    cheers

    kgray

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    #743557 Reply

    Ron Benn

    Ken, it appears from the article on the main Bulldog page that the land value has been adjusted to reflect its polluted condition. This makes sense, as the fair value of the land was impaired by the prior uses of the property.

    I am looking forward to seeing how the next phases of this city building project progress.

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    #743560 Reply

    Ken Gray
    Keymaster

    Ron:

    So that looks like a win for His Worship.

    In a back door way, Watson got the NCC to pay for the polluted land remediation.

    Am I right?

    cheers and thx

    kgray

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    #743563 Reply

    Ron Benn

    Ken, it appears, at least superficially, that the NCC is covering the entire cost of the brownfield remediation. Perhaps His Honour’s pontifications were directed at the NCC, not RendeVous LeBreton?

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    #743568 Reply

    Ken Gray
    Keymaster

    Ron:

    My guess is that the NCC and RendezVous are trying to anticipate how His Worship will try to scupper the deal next.

    He’s talked about needing to know what Melnyk will do with the CTC which is none of his damn business.

    Ole Showboat Jim isn’t through with mucking with this project.

    It’s an election year and he has his partners to keep happy. And oh yes, he hates the NCC.

    cheers

    kgray

    1+
    #743571 Reply

    Kosmo

    What’s Melnyk going to do with the CTC, I don’t think he will run it into the ground like most of the city living properties. Look after your own problems Jimmy.

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    #744267 Reply

    The Voter

    Is it only the developer that can apply for the remediation money or can the landowner, in this case the NCC, make that application?

    The reimbursement of costs should go to the entity that bears the cost. If the value of the land is reduced and the owner takes a loss in selling it, why wouldn’t they be able to recover it? Maybe they should be going after the polluter which is, in whole or in part, the operators of the snow dump that the city had on the site over many years.

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    #744271 Reply

    Ken Gray
    Keymaster

    The Voter:

    I would think just the developer because every owner of polluted land would be applying for it right now.

    Sure the city played a part in polluting the land. But then so did the Great Ottawa Fire. I’m told the ashes from that inferno are still there. And other industrial uses that are now long gone.

    cheers and thx

    kgray

    1+



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