The wind turbine planned for the Brant Street pier has been cancelled, after members of the city’s Community Services Committee heard the costs would be prohibitive to proceed, and the benefits negligible.
In a recent case, the city of Waterloo was required by the Information and Privacy Commission of Ontario, upheld by a three-judge divisional court panel, to disclose legal fees up to January of this year, in an ongoing legal battle over RIM Park financing. The city has already been forced by the Commission to release [...]
There have been conflicting reports recently on the original cost of the pier, ranging from $9.2m to $12.5m. The anticipated costs when council first approved the project in 2006 were $6.2m. The table below charts the increases over time, sourced completely from city documents. There are important lessons here for all of us to ensure future projects are costed appropriately from the beginning, and stay on budget.
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