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canada goose store Article Sidebar Share CloseShare this Story: Planning for Blatchford: City eyes options to pay $93 million for green development’s utility Copy Link Email Facebook Twitter Reddit Pinterest LinkedIn TumblrArticle contentThe city is weighing options to find $93 million to get the green Blatchford development’s utility up and running.The non refundable cash infusion will be sunk into the new utility for the sustainable community being built on the former downtown airport lands.”We made a commitment to the people of Edmonton when we closed the airport that we would not dumb down this project, that we would do something that hit the kind of targets we are going to. I don’t want to betray that either,” Ward 8 Coun. Ben Henderson said after council’s utility committee got an update on where the money could come from on Friday.The city originally hoped that the provincial and federal governments would come through with money that could be used to make the utility financially stable and to ensure that those who move to Blatchford pay energy bills comparable to elsewhere in Edmonton.Head of infrastructure Adam Laughlin said the city is still pursuing the possibility of funding from other levels of government because of the project’s alignment with climate action goals.Article content continuedOther ideas include: A debt that new utilities customers would pay off through fees and charges; Funding the utility with money the city makes off the land; Partnering with other utility providers; Increasing city property taxes by 0.4 per cent.But the possibility of hiking taxes for the whole city to offset the cost of Blatchford rubs a few members of council the wrong way.. canada goose store
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