Quote:
Originally Posted by MichaelS
Wow, expensive school, interchange and overpass. Does that really add up to $600 million? Almost double what the train was initially estimated at?
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That is just the construction and maybe rolling stock, been years since I read any of the initial stuff council approved. The city had also used the entire cost contingency on the fixed cost construction contract for extra niceties.
Land came to around $200 million (breaking leases makes for expensive expropriation from both the lessee and the lessor, CPR named its price, taking out two gas stations and the churchs, oy gevalt!). Not sure if they included the school cost for the land cost. I think the final land cost might be triple or quadruple estimates.
Also remember the province threw in a special extra non-municipal grant of $30 million for the school so not all the extra expense was solely CoC supported.