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| Coun. Brian Swanson argues against placing the remaining $510,623 in the contingency fund in a capital reserve for future upgrades at Mosaic Place and YaraCentre at Tuesday's meeting. Times-Herald photo by Lisa Goudy |
Three and a half years and 45 monthly updates have all led to the final contingency fund report for Mosaic Place and YaraCentre.
In the 46th update to council for the
multiplex contingency fund presented to council at Tuesday’s meeting, it
stated total costs for the Mosaic Place contingency projects are lower
than expected after total costs have been reconciled.
As such, after a lengthy discussion, the majority of councillors voted
in favour of placing the remaining $510,623 in the contingency fund in a
capital reserve for future upgrades at Mosaic Place and YaraCentre.
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