Southern Alberta Council on Public Affairs (SACPA)

Should Taxpayers Support the Redevelopment Plan at Lethbridge Exhibition Park? (Part 2 Q&A)

Informações:

Sinopsis

The Board of Directors of Lethbridge and District Exhibition approved a development plan for Exhibition Park that represents 3 years of comprehensive examination, including a financial review, facility condition audit of all buildings, needs and market assessments, and a multiple accounts evaluation framework study to arrive at the preferred site for redevelopment. Along with conceptual designs of a new Trade and Convention Centre and Agriplex, the redevelopment plan contains a thoroughly vetted business case that demonstrates long-term sustainability. The Lethbridge and District Exhibition has taken the Redevelopment Plan to Lethbridge City Council on March 25 and requested $25 million from the CIP. The provincial and federal governments are being asked to each contribute $25 million and the Exhibition and partners will contribute the other $15 million for a total price tag of $90 million. Will the redevelopment be worth the contribution from Lethbridge taxpayers? What value does the Exhibition bring t