In the past one of the ideas was to start selling off some of the government housing units regardless if they were surplus housing or they were considered that come to in the life retrofits, it basically might be cheaper to just dispose of those units than trying to put any more money into them. I think we have to realize we have less money and we need to find ways to bring in new revenues or quit throwing good money after bad, knowing that we have to dispose of those assets, get rid of them, get them off our books, and take the O and M money or maintenance money and reinvest it into new construction or programs. I’d like to know where we’re going with that notion of divesting ourselves of old housing assets and getting them off our books.
David Krutko on Consideration in Committee of the Whole of Bills and other Matters
In the Legislative Assembly on February 21st, 2011. 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 20th, 2011
See context to find out what was said next.