Parkade cost hits $34 million; council demands answers
City administration was provided a detailed update from the developer in July 2018 with an updated cost estimate that put the cost at $20 million, instead of the initial estimate of $12.6 million, acting deputy city manager Ian Wells, said. The developer was given the go-ahead by city administration to proceed with the project at that time, Wells said. The final cost of the project, including the replacement and relocation of aging water and sewer mains, came to more than $34 million, he said. However, on March 11, 2019, city council was presented the preliminary budget of $12.6 million to...
Source: princegeorgecitizen.com