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Beyond an arena
‘Bucket list’
Larger special tax area could benefit the entire downtown: Report Downtown Edmonton 1 per cent of city’s land, 10 per cent of property value: City official
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23-year-old here for a good time, in a short time Not on death’s door, but may return to Ottawa {pages 8 & 9}
Downtown renewal
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Increasing the boundary for a proposed tax area downtown could help fund more than just an arena, city officials say. An expanded community revitalization levy (CRL) was unveiled in a report Thursday, encompassing 97 Street west to 109 Street, and north from about 100 Avenue to 106 Avenue. “It’s more than just the small area that has been discussed,” said Gary Klassen, general manager of sustainable development. “It outlines $366 million worth of initiatives that can be considered by council.” The proposed CRL, using future property tax to pay for new infrastructure, should generate $1.2 billion over 20 years, including $241 million in education taxes. The report states $45 million could still go to the arena, and another $52 million to land, LRT and a pedway for the arena project. Other money could be put toward already planned for and
The city said an extra levy wouldn’t be imposed on the residences and businesses inside the CRL boundary, but that taxes may rise because of increased assessment and property value. Some of the 10 projects outlined for downtown include a new vision for Jasper Avenue, housing and a park in the Warehouse district, a new bikeway system, and paving and streetscape improvements.
desired downtown projects, which Coun. Amarjeet Sohi said fit better with the approved plan for the city’s core. Coun. Bryan Anderson said the CRL is worth looking at due to projected provincial and federal deficits and the upcoming capital budget, but stopped short of calling it necessary. “There would be money from the smaller area for three or four of the other projects in this report,” he said. Council will discuss the report Wednesday.
Rihanna hustled Mag claims it has raunchy video of singer {page 34}
Backing down A community revitalization levy zone stretching across most of downtown means multiple projects proposed for the city’s core could be finished, and money put toward a downtown arena, officials said Thursday.
U.K. politicians leery of social media ban during unrest {page 15}
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