Sports will bankrupt this city unless City Hall becomes more pro-active or take an activist role.
What is it about sports that needs bail outs and subsidies. The winter games will be costing us for years yet, with million-dollar payments to the college for the ice rink alone. The Westerner needed emergency bail outs to stay afloat. The CFR agreement needed a rewrite. Now the Riverbend Golf Course?
Recently I read in the news about conflicting goals at Riverbend Golf Course and the surrounding facilities like the trails and the waterpark.
The golf course wants a bigger club house, more bathrooms and parking for example. Then I hear that they have not been paying their debt from the last expansion in 2004, 18 years ago. As I understand it, they have only paid $125,000 of a $1.7 million dollar loan, about 7%.
The city has had council representation and citizen representation on the board, and yet this happens. The Westerner Grounds nearly bankrupted itself recently under similar circumstances. The city’s representative never questioned the status quo, just quietly accepted it.
Would the city accept me not paying my property taxes five out of every 6 years because I want to expand and add more bathrooms to my house?
My children and grandchildren went and are going to school, and we fundraise, sell things, working bingos, casinos, collect bottles and hold raffles. The hospitals where they were born fundraise, the SPCA fund raise.
When they entered sports like hockey, soccer, BMX, baseball, football etc. they hold raffles, have garage sales, bottle drives, sold coupons, meat, ice salt etc. to raise money.
Can the golf club follow suit to get out of being a drain on the public purse, while keeping their big dreams?
Our great city needs to look at their return on investments sometime. Instead of bail outs at the last minute every time. They need to be pro-active and not just reactive.
The city owns the land they could lease it to a private operator, perhaps make a return or at least reduce the costs to the taxpayers.
Perhaps, someone could just question things? Perhaps, the city could look at being more of an activist shareholder or appoint more activist representation?
Is it just easier to write cheques? I think the golf course will see this debt forgiven or rolled into a bigger loan for another expansion. After all, it is just the taxpayers’ money. Just saying.
Disability Chat with comedian Ken Vaghardson
Disability Chat with Shawna Randolph : Can words degrade disability ?
Chief Clarence Louie and author Matt Tenney featured at Workforce Strategies Summit March 30 in Red Deer
Red Deer family rocked by cancer diagnosis seeks support from the community
G.H. Dawe expansion project complete
Poilievre calls for testing that would allow doctors, nurses to work across Canada
Food and Dining1 day ago
“Cook With Meg” creating community through online courses and camps for 3 years now
John Stossel2 days ago
John Stossel on Diversity, Equity, Inclusion training – “It’s a minefield now.”
Alberta1 day ago
$3.6 million in meth seized by Border Enforcement Team at Courts crossing
Alberta1 day ago
Premier Smith urges PM Trudeau to talk Ethical Energy Security in meeting with US President Biden
Alberta2 days ago
Firm handshakes, hard lines: Trudeau, Biden to talk protectionism, Haiti, migration
armed conflict1 day ago
A look at the uranium-based ammo the UK will send to Ukraine
Justice2 days ago
Toronto MP Han Dong quits Liberal caucus amid Chinese interference allegations
Bruce Dowbiggin1 day ago
Pop Quiz: You Know You’re A Woke Punchline When…