Why Didn't The City Buy The Chances Bingo Building
By Ben Meisner
The deal put together by some local investors to buy the old Chances Bingo Hall downtown should show that someone had their ear to the ground.
If the group paid less than $4 million they got a deal and with a promise to add another floor that will make a new building available about three times the size that the RCMP needed in the city.
Consider this; $4 mill for the existing structure with about 150 parking stalls, three times what is proposed in undercover in the new proposed cop shop.
A million to put a second floor on the building, and let’s say for sake of argument you spent even 10 million in renovations to turn it into a first class police building with more than enough room for our future needs you would have saved the taxpayers and easy $20-$25 million dollars. Bearing in mind that the land proposed for the new police station could have been sold along with any property proposed to add more parking.
Was Chances ever looked at? If it wasn’t, it certainly should have been, because when the final bills are tallied for the new building we will see a $40 million dollar price tag hanging on it.
A saving of $20 million doesn’t seem much when you say it fast but it would give the taxpayers of this city a break and they so richly deserve it. Instead we will be saddled with an ever increasing debt for a new building that will not have all the trappings that could have been incorporated in the existing Chances building for less than half the cost.
Now let’s sit back and watch this one play out.
I’m Meisner and that’s one man’s opinion.
Previous Story - Next Story
Return to Home