Monday, October 22, 2007

NANAIMO CONVENTION CENTER COULD PUT TAXES 'THROUGH THE ROOF' ACCORDING TO MAYOR

NANAIMO'S DOWNTOWN WHITE KNIGHT?
OR WHITE ELEPHANT?
With many months to go before completion it seems that the Mayor and council are starting to attempt some 'blame shifting' over the burden Nanaimo taxpayers will obviously have to bear to pay for the Port of Nanaimo Center.
It was reported in the press recently that Mayor Korpan said taxes could 'go through the roof' if senior levels of government did not come forward with more money to pay for the convention center.
With a new city budget in the planning stages, and no real hard numbers to crunch the initial reports about the potential impact on city taxes does not sound promising at all.
Considering this project was sold as the catalyst that would revitalize downtown Nanaimo, you would think the average taxpayer would expect a reduction in their taxes as a result of the economic benefit the center should provide. That does not seem to be the case.
The Mayor and council and citizens of Nanaimo who firmly supported continuing with this questionable project can hardly expect senior governments to take the blame for the impact this project will have for years to come, on the taxpayers of Nanaimo.
Personally, I doubt if anyone has any idea what the long term fallout will be from this out of control project.
For more current and optimistic updates on the convention center follow either of these links. Link 1. Link 2

allvoices

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