Thank you, Mr. Chairman. Again, this process, and I forwarded summaries of a report done in 1996, I believe, or maybe 1997, by the Department of Public Works for Education, Culture and Employment. It clearly identified that any work in this area would be costing this government between $13 million and $16 million, other than renovations of Grollier Hall, which no longer exists because that building has now been torn down.
In a sense, it has been earmarked. It has gone through a process, but because of the P3 and yes/no sort of thing with that process, we seem to be penalized in the community of Inuvik and the region, because now we are going to work on some older systems to try and deal with the student residence situation.
Initially, the outlay of cash may seem like a small amount, but we are going to pay for it in the end through leases, I believe, because this private company that is going to do the repairs is not just going to give us back units. I think in that end, we are going to have some concerns.
Hopefully, the department, community and aboriginal groups can come together and come up with a satisfactory plan that would see a replacement of the student residence portion in a timely manner.
I want to ensure that the Minister -- short-term to me, I would identify the life of a politician as short-term. Eight to 10 years, we are done here, elections go around and new Members would have to try to pick up the pieces of what was promised or not promised or committed to and not committed to. I am hoping that we can address this in a manner that would be appropriate.
I am sure, as I have shown Members of this Assembly the report, this is something that has been in the works and it is not a brand new capital project. It is a matter of building a residence that would replace the existing one. Right now, we are just building the main facility, we would not be replacing the existing. We are replacing with less than what is there. Thank you, Mr. Chairman.