Value of Gravel?

By 250 News

Gravel extracted from the Exhibition grounds is piled high at the site of the new intermodal  site on the CN  rail yard

Opinion250 has filed a freedom of information request with the City Of Prince George seeking all of the documents related to the handing over of the gravel near the CN center to the Outdoor Ice Oval Society who subsequently sold the gravel to a constriction company who in turn sold the aggregate to CN for the construction of the intermodal yard in the CN yards.

The Outdoor Ice Oval Society received approval from the city in the form of a letter granting them the right to the gravel on the site.

No terms or conditions are apparently included in that letter as to how that gravel was to be handled.

The pile of aggregate shown in the 250 photo includes product that is being blended with the gravel from other sources and to this point  it is not known just how much the company doing the excavation actually removed from the ice oval site.

There is also the matter of how the Society received the original approval after the city council had deferred the request only to have the matter decided without ever returning to Council.

The Society is now before City Council seeking a further maximum  of $50,000 dollars to construct infrastructure.

The Society says it expects to receive upwards of $44,000 from an agreement to receive $2.00 per cubic meter of the gravel sold.

Construction experts say that the gravel was worth about $6.00 per cubic meter  at the site (4.50 a cubic yd) .  They say the gravel in question  should fetch between $12 and $15 dollars per cubic meter at the CN Yard .

So far the society has placed no value on the gravel they have received apart from saying that they feel they have received a good deal.

In view of the fact that the gravel was in the city inventory and had considerable value, Opinion250 is seeking to find out just what the aggregate was worth and how the agreement took place.

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