The total project cost noted here is what we expect the total cost to be to get us to a completed bridge in November 2011. With the financing on the project, all of the money was given upfront to the project. So $165.5 million from the lenders was given to the project. It’s sitting in construction accounts, and as expenditures are incurred, the project draws upon that funding. So some of the expenses would include the interest cost on that borrowed money, as well, which is included in the estimates. Thank you.
Russ Neudorf on Consideration in Committee of the Whole of Bills and Other Matters
In the Legislative Assembly on February 23rd, 2010. See this statement in context.
Consideration in Committee of the Whole of Bills and Other Matters
Consideration in Committee of the Whole of Bills and Other Matters
February 22nd, 2010
Russ Neudorf
See context to find out what was said next.