Comments on: Gregor Robertson statement on Olympic village

By: Tim

Tim — Sat, 25 Sep 2010 05:37:31 +0000

The city councilors should be held accountable for their incompetence. They should be sued, or at least forfeit their jobs. They’ve cost us all a fortune. How could anyone be that stupid? Seriously?

By: Michael

Michael — Sun, 06 Sep 2009 08:29:14 +0000

Millenium Development [...] never intended to pay for the
land because they never had $ 193 Million to do
so , they may , just may have just put up 15% of
the value , hoping like all the other bozos in this
three ring circus that prices would just go up ,
Millenium has no collateral , no security , or any assets in France ! They were winging it , Who
in City Hall Knew all this as I am sure they did and yet accepted Millenium above Concord Pacific , Wall Development etc , is beyond me , City Council is not revealing what Collateral and
Security Millenium has put up ! Why not !?

By: Kevin

Kevin — Mon, 12 Jan 2009 21:51:16 +0000

Well from an worker who just lost his job at Olympic Village. I am ashamed and appalled at the fact this village is so far behind schedule and budget that laying off professional tradesmen to hire unskilled labour is a shame

By: Denis

Denis — Sat, 10 Jan 2009 04:44:24 +0000

Oh but the development simply can’t lose money said some folks. Maybe the words”trust us” were thown in as well. The long and the short of it all is those great granite covered counters and other little sale gimmicks may not work. It may be cheaper to bulldoze the place but no doubt there is a clause in there somewhere that makes Vancouver the patsy. GReat work previous council. I guess the thrill of the two week games and the idea that the developer just couldn’t lose had folks making foolish decisions. Oh well, it’s only money, the taxpayers money. Now lets move on to the 350 million roof for BC Place and the slightly over budget convention center. Poiliticians will believe just about anything because folks consider them leaders and what’s a feww hundred millions if they get their names on a plaque somewhere. At least the new Mayor is telling the truth.

By: Paul

Paul — Sat, 10 Jan 2009 04:07:57 +0000

Youth of Vancouver accept this debt as a token of our thanks for subsidizing the corporate Olympic spirit.

By: td

td — Sat, 10 Jan 2009 03:59:34 +0000

What did the previous Council know when they agreed to the $100 Million? What were they told by staff? What were they planning to do when the $100 Million runs out, approve another $100 Million in Camera? And another and another later? What did Ladner mean when he said: No additional risk to Vancouver? What did Owen and Larry Campbell mean when they defended the secrecy by saying: This sort of thing happens all the time? Does it? What financial impact is caused by the fact that it’s luxury condos? Would a more balanced unit mix been more robust in a down market?

Who knew that subsidized housing means taking money from everyone to build condos that few can afford, 500 condos at $1.7 Million a piece?

By: condohype

condohype — Sat, 10 Jan 2009 03:40:39 +0000

“Whoever wins, we lose.” New slogan for Vancouver 2010.

Honestly, this situation is a disgusting, devastating mess. Forgive the hyperbole, but this is really bad. The completion guarantee means there’s no walking way. Gregor’s right, the city’s on the hook for it all.

By: Scott

Scott — Sat, 10 Jan 2009 02:48:42 +0000

“We now know why the previous city government didn’t want to talk about the deal they’d made. The arrangements were not in the public’s interest.

The decisions taken by the previous city government have put the city at enormous financial risk”
_________________________________

That’s a little disingenuous.

So what’s Gregor saying???

Bad Vision Vancouver! Bad COPE! … because every councillor, having one vote, voted unanimously for what transpired.

It’s common knowledge.

By: spartikus

spartikus — Sat, 10 Jan 2009 02:47:33 +0000

Okay, here’s a question about something I’m confused about: Who actually chose Millenium as the bid to recommend? We know that the details of the other bids were withheld from Council…or some of the Council. But who made that decision?

City staffers…or elected officials?