05-10-2017, 10:15 PM
(05-10-2017, 07:22 AM)MidTowner Wrote: If the City takes ownership of the Electrohome building, it will be on the hook for big clean-up costs. But hopefully it has greater wherewithal than a private company would to access funding from other levels of government for the clean-up (I am assuming there are funding programs for this).
Get ready for big arguments about what "should" be done with this if it's suddenly a City property. A lot of neighbours will argue that it should be a park or even a community since we're "under-served" (we're probably not). Of course there will be those talking about the heritage aspect, and how deep they feel the City's pockets are. I think it will be a long process.
I think you'll find the City leery to take ownership, there are some not insignificant liabilities for the off-site impacts, once you own the source...