Once upon a time, the value of the Olympic Village land was part of the $1-billion equation that Vancouver Mayor Gregor Robertson talked about when first discussing the financial disaster the project represented.
That was back in January, 2009, when the mayor said the city was “on the hook” for the entire cost of the project, including the land. Remember that? That’s when he wanted to make it clear to everyone what a horrible hand the city had been dealt by the previous Non-Partisan Association government. When the mayor thought he could capitalize politically on the Village debacle.
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This is a relevant article because it calls out the City of Vancouver’s Olympic Village mess. City Hall should come clean and lay their cards on the table. How much will it cost the Vancouver taxpayer?