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  #31  
Old 05-30-2019, 01:52 PM
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The city is not short a million on infrastructure they got the hydro refund to use on the infrastructure of their choosing

Last edited by three dog night; 05-30-2019 at 01:57 PM.
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  #32  
Old 05-30-2019, 01:56 PM
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https://www.stcatharinesstandard.ca/...to-be-renamed/

Last edited by three dog night; 05-30-2019 at 02:00 PM.
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  #33  
Old 05-30-2019, 01:56 PM
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The hydro account is short a million

Right pocket instead of left

Lol


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  #34  
Old 05-30-2019, 02:04 PM
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Originally Posted by Red View Post
Well we all know English wasn't your major in school, I feel safe in saying it wasn't Math either.

Would it help if we put this in terms of apples?
Simple they got 4 .9 million back used one million for the name change 3.9 million still left is that what you want.
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  #35  
Old 05-30-2019, 02:04 PM
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The hydro account is short a million

Right pocket instead of left

Lol


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3.9 million left unless they spent on something else.
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  #36  
Old 05-30-2019, 07:04 PM
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3.9 million left unless they spent on something else.
Historically the city has used the interest from the Hydro fund to lessen taxes. As well, eventually the taxpayers will have to pay for a project that would have been covered by the missing $1 million dollars.

Last edited by 5 for fighting; 05-30-2019 at 07:07 PM.
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  #37  
Old 05-30-2019, 07:19 PM
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Historically the city has used the interest from the Hydro fund to lessen taxes. As well, eventually the taxpayers will have to pay for a project that would have been covered by the missing $1 million dollars.
I think Red and strohs nailed the explanation, one from a financial perspective the other from a cynic's point of view. Both were accurate, the City blew it.
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  #38  
Old 05-30-2019, 10:29 PM
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I think Red and strohs nailed the explanation, one from a financial perspective the other from a cynic's point of view. Both were accurate, the City blew it.


Why should the idiots in city hall care about trying to grind out money in another twenty years anyways? Likely those who made that decision to try and only give them twenty year naming rights won’t even be around to have to worry about trying to extract more money in the future

What a colossal blunder by the City... I’m so glad I don’t live in St Catharines anymore

If what has been reported is in fact true I don’t blame the Burke’s for reneging on this deal ...


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  #39  
Old 05-31-2019, 12:49 AM
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Why should the idiots in city hall care about trying to grind out money in another twenty years anyways? Likely those who made that decision to try and only give them twenty year naming rights won’t even be around to have to worry about trying to extract more money in the future

What a colossal blunder by the City... I’m so glad I don’t live in St Catharines anymore

If what has been reported is in fact true I don’t blame the Burke’s for reneging on this deal ...


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You know it was a different mayor at the time plus a few council people are not there any more.
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  #40  
Old 05-31-2019, 08:49 AM
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You know it was a different mayor at the time plus a few council people are not there any more.


My point exactly



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