Monday, February 13, 2012

Interim Operating Model in place for Waterfront

City Council is happy with the current operating model being used at the waterfront.  Law Makers approved the interim operating plan Monday night and Community and Emergency Services Manager Greg Alexander says it will costs 690 thousand dollars until the private sector completes its side of the project.  He says when the hotel and condos are complete the city should turn a nice profit on the waterfront but there isn't a timeline on when the developer will begin work.