Quote:
Originally Posted by Coldrsx
That's really too bad for Communitas' plan was nice. That said, wrong proposal in the wrong area. Swap that for Blatchford and put some 4 storey stick like we are seeing on 116st there.
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it's not that simple. and blatchford isn't how to do it right.
but it's not just fort road and blatchford that we need to be concerned about. the city's current land development activities are summarized here:
http://www.edmonton.ca/city_government/d...ch=municipal%20development%20corporation
but even that wasn't the full extent of what i'm referencing. for your reading enjoyment and pleasure:
"
Recommendation:
That Executive Committee recommend to City Council:
That Administration proceed with the start-up strategy as outlined in Attachment 1 of the January 20, 2015, Sustainable Development report CR_1708, to establish a municipally owned and controlled for-profit land development corporation to focus on City-building initiatives in addition to earning profits, and return to City Council with the following by the end of the second quarter of 2015:
a) A detailed list of City land assets that could be transferred to a municipal
development corporation and an analysis of the financial and other costs and benefits to the City and to the corporation for each proposed transfer.
b) A detailed business plan showing projected cash flows for a municipal
development corporation, and proposed funding sources and requirements for the corporation’s operating and capital costs for its first three years.
c) A draft application to the Minister of Municipal Affairs requesting approval to establish a for-profit municipally controlled land
development corporation.
d) A budget adjustment of up to $2 million for start-up costs to be brought forward for consideration as part of the Spring Operating Supplementary Budget Adjustment."
http://sirepub.edmonton.ca/sirepub/cache/2/fdefj2nlpt1wbanvs4tus4at/39956207242015093226848.PDF
http://sirepub.edmonton.ca/sirepub/agdocs.aspx?doctype=agenda&itemid=44698
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