Thank you, Mr. Chairman. I don’t have a lot to add to that but we have the $150 million commitment from the federal government. We had the $1 million notional amount in the capital plan. We’re going to move forward with the project. I don’t think that was a secret to anybody. We wanted to move forward with the project. Being that it was tied to the borrowing limit, there were some constraints on the timing.
I just want to assure Ms. Bisaro and others that as this moves forward, we need to work together. You have my assurance that we will work together. I’ll get you the answers you need. The timing’s tight but this is a fluid process. It’s a huge project and we’d be fooling ourselves if we thought $1 million was going to cover our upfront costs on a potentially $250 million project. We knew it was going to cost us more, it’s just happening quickly. It may be happening a bit too quickly for some Members’ liking, but that’s the nature of this. It’s moving quickly, we need to act on it, and we need to get out in front of it and do the work. That’s what we’re trying to do.
I want to assure the Member that we will work together every step of the way and there will be many other junctures along the road here or points along the road where we will have to come back to committee and tell you exactly what we’re doing, and we intend to do that. We’re not trying to hide anything. We’re not trying to fast-track anything. This has been in play for awhile now.