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Financing settled for Olympic village and audit in

October 6th, 2009 · 14 Comments

I’m just analyzing the information this myself, but here is the city information that came out this morning with details on where the Olympic village is at, what interest rates have been negotiated with the Olympic-village developers, and what the audit report has to say.

City ended up giving Millennium Developments a bit of a break on the interest rates, though gives them incentives for paying back the loan early.

I await your comments on the audit information.

The links are here.

http://vancouver.ca/ctyclerk/cclerk/20091006/ttra20091006ag.htm

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