We need 100 million for the old power plant in the river valley. When can we raise taxes for funding this project.
The Rossdale Power Plant Advanced Assessment and Priority Rehabilitation project to identify and prioritize improvements necessary to activate the building in stages is underway. There is an approved budget of $4 - $5M in strategic renovations, expected to be carried out between 2021 - 2023.
Future improvements will likely be staged with redevelopment in the area, and funded through a variety of tools and over several budget cycles. The City may establish a non-profit operator in the power plant that would be responsible to fundraise for longer-term renovations.
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