Quote:
Originally Posted by Winnipegger
And how would we pay for this $500 million luxury? That area generates $10 million/year in property tax. Even if this massively increased the vibrancy and beauty of the area, doubling the assessment base over night, it would take a minimum of 50 years for that project to pay for itself.
This is why we can't have nice things. Infrastructure costs are too high and taxes are too low relatively speaking.
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^This.
However, even if Winnipeg had money to burn, they would manage to mess up any project. After the city decided it would be a "great idea" to build Phase II of the BRT away from the high density areas of Pembina, into the suburban Parker Lands, I gave up in terms of the city ever doing anything useful in terms of pedestrians or transit riders.