Clear Full Forecast

Dollars Coming For Cameron Street Bridge

By 250 News

Thursday, May 08, 2008 11:00 AM

 
Prince George, B.C. – The Federal Government is kicking in some more cash for the construction of the Cameron Street Bridge.
 
Mayor Colin Kinsley says he has just signed off on documents for the funding under the Municipal Rural Infrastructure Fund.   He is not yet ready to say how much money is coming from the fund.
 
The City has approved borrowing up to $6 million dollars for the project which is targeted to cost $9.5 million. The Federal and Provincial Governments have already put in $1 million dollars each.
 
The City has set aside $1.9 million as a contingency, on the construction and was to pick up the balance of funding from development cost charges.
 
The official announcement on   the amount coming from the MRIF is expected to be made within the next week..

Previous Story - Next Story

Email Email | Print Print | Share on Facebook Facebook | Tweet! Twitter | Digg Digg | Del.icio.us Del.icio.us

Posted on Thursday, May 08, 2008 11:00 AM in News by 250 News

Return to Home
NetBistro

Comments

Comment Posted by: YamaDooPolCat on May 8 2008 2:53 PM
The DCC get much higher and nobody will be able to afford to buy developed property, or at least not small business anyway.

Possibly just a backhanded way to encouragement residential and business properties to stay put or put up with old buildings. Junky but occupied.

Then the lack of DCC funds would be another disappointment, which means general taxes have to go up. Seems there really is only one taxpayer.
Comment Posted by: Palopu on May 8 2008 7:35 PM
This whole Cameron St. Bridge is a big fiasco. 9.5 Million for a bridge that could have been repaired for $750,000 dollars.

Only in Prince George do we have such rank disregard for taxpayers dollars. These fiascos are usually dreamed up by our illustrious Mayor, who has the uncanny ability to waste millions of taxpayers dollars.

The best news I have heard in the past five years is that this court jester is leaving, hopefully we can repair the damage.

The next joke will be to name the new Cameron St. bridge after this knave.

If anything it should be called Kinselys folly.