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By Bob (registered) | Posted January 25, 2011 at 19:04:36
Steve,
I encourage you to read the Deloitte business plan that accompanied one of the earlier staff reports on this issue. They factor in development of IW as part of overall plan for a WH stadium redevelopment including the amounts of tax assessment increase that could be expected. This was after consultation with the development industry and really show a well rounded approach to redevelopment of both the WH and IW sites. That was the whole point of a reasoned, rationale approach that wasn't rushed to council at the last minute. The IW2 plan is all about spending the money now, and figuring out the benefits and overall plan later. It's lunacy.
Bob
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