Quote:
Originally Posted by Keith P.
The Transit garage strikes me as an entirely avoidable expenditure. If you are looking mostly for heated storage and only basic repair and maintenance facilities something could be easily leased. The entire Transit maintenance operation needs review in any event as it could well be cheaper to contract it out now that I see on the Sunshine List that Transit mechanics are making 6 figure salaries.
The police station is a tougher nut to crack as the existing one is not in the best location and cannot be easily expanded. The Dartmouth location in Burnside appears expansive by comparison but I suspect does not have the same sort of facilities.
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The lease vs build was my first question. Why take on the expense of building a DEE-Luxe facility when you could lease and not have to put out large expenditures like this. Then you have the option of moving to another location, or even ending the lease if needs change (like if transit services are contracted out as you mentioned), rather than being tied to a huge facility that we will own forever, and will eventually need to be upgraded or replaced. Let the REITs take on that expense.
Also, does the whole garage have to be in one large facility? Why not keep the existing facility, do upgrades as required, and lease out additional satellite facilities closer to the routes that those particular units are servicing?
Honestly, a shop to service buses, which are essentially just trucks, does not require an elaborate facility. $100m seems like a huge cost for that.
There are a lot of questions here, but I haven't sought out any info. Colin, can you post a link?
I think a good, functional, well-located police station is a must, and a necessary expenditure. Fair enough.