An article in the recent Focus magazine considers many of the issues that were raised by people knocking on doors in the winter days of early 2008 gathering over 2,260 signatures for a simple request of the Mayor and Council: to put the decision by the City of Langford to borrow up to $25 million dollars to finance the Spencer Road Interchange to a public referendum.
Excerpts from p. 12 “Stew Young’s bridge to nowhere: Was the Langford mayor’s roll of the taxpayer’s dice on the Spencer Road Interchange a safe bet?” – Sam Williams, November 2008, Focus Magazine:
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“The mayor had originally proposed to fund the $32 million interchangem through the provincial Municipal Financing Authority, but a committee of local politicians turned the mayor down, citing the financial risk involved. Langford council went on to establish a Local Service Plan to fund the interchange, which essentially dumped the risk onto Langford taxpayers. At the time, City of Langford clerk Rob Buchan claimed there was no risk Read the rest of this entry »
