Union Station still derailed |
If Toronto taxpayers ever needed proof of a squandered opportunity by City Hall's socialist spendaholics to be fiscally responsible, consider the sad case of Union Station.
It was almost a year ago that Mayor David Miller and the pro-public-sector pinkos on council scuttled a bold deal with a private consortium to revitalize the 80-year-old landmark.
The Union Pearson Group (UPG) would have sunk $150 million in improvements into Union Station. But it seems public-private partnerships are not considered kosher at union-friendly City Hall.
So a year has been lost and as we learned at a laughable press conference yesterday, restoration of the aging landmark has now been taken over by the city's Facilities and Real Estate division.
But here's the real kicker. City officials say Union Station needs some $81 million in badly overdue repairs, which will apparently be done over the next five years.
Other improvements, over 20 years, are still being "finalized" with the assistance of consultants enlisted to help, said Jodie Parmar, director of business and strategic innovation.
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