Here is an excerpt from a letter sent to council from developer Darko Vranich that was sent yesterday to all media.
Dear Councillor Merulla:
Reports in the news media about the re-ignited debate over Hamilton’s Light Rail Transit initiative are very alarming to both me and many others in Hamilton’s development community.
It is fair to say virtually everyone, myself included, in Hamilton’s development community understood this to be a done deal.
We were of this understanding because Premier Kathleen Wynne herself came to Hamilton to make the announcement.
City Council requested 100% provincial funding of the $1 billion cost of this initiative and that is exactly what the Premier delivered.
To learn now that there is a question mark over this initiative and indeed it is in jeopardy, is extremely concerning to those of us investing in Hamilton.
Council got everything it asked for: a $1 billion, fully funded project.
To turn that down now would be tantamount to snatching defeat from the jaws of victory.
If the LRT for some reason does not go ahead it would send a very negative message about the direction of the City to developers both inside and outside the city.
Further proof some councillors, are lost in the past and holding this city back.
I’m Scott Thompson.
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