Thank you, Mr. Chairman. When we were saying the $3 million was to start the process of renovations, it was going to cost, to renovate the building, would have cost somewhere between 12 to $17 million, not four to five million dollars. When we were able to negotiate a bit longer period with the fire marshal, because we said it's not reasonable to put this much money into a renovation project that you're only going to get an extra 10 to 15 years out of at the most, we were able to reach an agreement that if we did some upgrades to the sprinkler systems, some safety issues to make sure that those are dealt with in the short term, that we could invest in a new building for less money which should last us for, again, the 30 years that we expect new buildings to last us. So we think this is a far better way to spend the money.
Charles Dent on Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 21st, 2007. See this statement in context.
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 16: Consideration In Committee Of The Whole Of Bills And Other Matters
February 20th, 2007
Page 1090
See context to find out what was said next.