Winnipeg Free Press - ONLINE EDITION
Posted: 08/1/2014 1:46 PM | Comments: 0
Mayoral candidate Gord Steeves would raise $50 million for roads by selling the new downtown police headquarters and the library parkade.
Under a P3 agreement, the city would then lease back the new cop shop on Graham Avenue with an option to buy it outright when the P3 agreement expires in 30 years. The tower adjacent to the police headquarters would be sold, as would the Millennium Parkade.
Once the police headquarters' debt is paid off, the city would net at least $50 million for roads.
"Not new projects, but fixing and rebuilding what we have and what's falling apart."
Steeves, who was on council for 11 years, said city hall has a terrible track record of keeping big assets in good repair.
He acknowledged the sale of two significant downtown properties would generate one-time cash only, not ongoing money to chip away at the massive infrastructure backlog.
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Ouellette's star still on the rise
Bowman has chance to take city forward
New mayor faces high expectations
Result shocks Bowman
Winnipeg votes: Oct. 22, 2014
Selinger says he and Bowman share several priorities
Shelley Hart new mayor of East St. Paul
Voters stick with status quo for school boards
Voter turnout highest in a decade
Bowman drops by News Café
Brian Bowman wins mayoral battle
Bowman was able to grow
Still need public face on public space
Out with old and in with new
Schreyer unseats Steen in Elmwood-East Kildonan
Capital-region voters send law-and-order message
Gilroy seizes Daniel McIntyre after close race
Morantz edges Duncan in Charleswood-Tuxedo
Lukes wins boss' vacated seat in St. Norbert
Dobson finds his groove in fourth election attempt
Orlikow beats Taz in River Heights-Fort Garry
Bruce Henley re-elected mayor in West St. Paul
Devi Sharma squeaks in win in Old Kildonan
Pike new mayor in St. Andrews
Pagtakhan retains Point Douglas seat
Wyatt reinstated in Transcona
Mayes re-elected in St. Vital
Gerbasi holds down Fort Rouge-East Fort Garry
Eadie back for second term in Mynarski
Scott Gillingham wins in St. James-Brooklands
Browaty holds on to North Kildonan
Activists hope to boost voting in North End
Matt Allard elected councillor in St. Boniface
Last chance to vote: Polls open until 8 p.m.
LIVE: Election night in Winnipeg
By the numbers: Election candidates
Civic election: then and now
City can't afford rival's promises: Wasylycia-Leis
Bowman says voting for him is only way to stop Judy W-L