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Old Posted Nov 17, 2015, 7:00 PM
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Cyro Cyro is offline
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Quote:
Originally Posted by steveosnyder View Post
This has the City selling to FNP for $6Mil. Is that in line with what was proposed back for the water park?
Quote:
Elmwood-East Kildonan Coun. Thomas Steen said today he’s leaning in favour of voting for a plan to sell Parcel Four, a city-owned surface lot at the southwest corner of Waterfront Drive and William Stephenson Way, for $6 million to Alberta hotel chain Canalta, which itends to build a 250-room hotel, 50,000-square-foot water park and 450-stall parkade on the site. The proposal calls for the city to offer Canalta a $7-million grant in exchange for $700,000 worth of admission credits every year for the next 25 years.
http://www.canadianswinnipeg.org/app...ate-water-park

Actually more public money, with some added incentives..
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