Return to Written Question 32-13(4) asked by Mr. Picco to the chairman of the financial board on the financing for the Legislative Assembly Building.
Financing for Legislative Assembly Building
The total dollar amount to construct the Legislative Assembly Building was $ 25,034,000.
The breakdown in construction, Financing/Development and Tenant Improvements is as follows: - NWT Legislative Assembly Building Society 1,298,000 - Management (Public Works and Services) 36,000 - Consultant Services 2,550,000 - Construction 18,750,000 - Tenant Improvements 1,980,000 - Artwork 420,000 Total 25,034,000
The project was funded as follows: - NWT Legislative Assembly Building Society 14,900,000 - GNWT (Vote 2 Capital) 10,024,000 - Gifts 110,000 Total 25,034,000