Thank you, Mr. Chairman. Mr. Chairman, the comment of taking the Yellowknife economy into consideration is more in line with trying to rationalize the total Yellowknife office space plan of which the Lahm Ridge Tower is a small part of the overall plan of retaining existing spaces, with the renegotiated lease being more financially beneficial than was originally negotiated. This office plan is, again, not the cheapest solution for the Government of the Northwest Territories in satisfying the office needs here in the capital of the Northwest Territories. The simplest and cheapest solution would have been to retain the existing long-term leases that we have and government-owned buildings and consolidate government departments within these buildings wherever possible. That would have been the cheapest solution. In one of the earlier documents, it was one of the options. However, the least-cost option could be potentially devastating to the economy of the City of Yellowknife. There is an existing office surplus of 120,000 square feet on the market in Yellowknife. There is an expanding surplus, as well, coming to division. The action also recognized the impact of government decision on the economy of Yellowknife. Thank you.
Jim Antoine on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 16th, 1998. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 16th, 1998
Page 833
Jim Antoine Nahendeh
See context to find out what was said next.