Calgary administrators to report on financing for 4 major infrastructure projects in April

It was hoped that Monday might be a day of decisions on somemajor projects city council is considering,but decisions won't be coming for another few months.

After spending hours behind closed doors discussingfour major infrastructure projects anew arena to replace the Saddledome; a $500-million addition to the BMO Centre; a $412-million expansion to Arts Commons, and a new fieldhouse at Foothills Athletic Park city councildecided more information is needed, so they asked administrators to report back on funding options by April.

A committee was also struck to explore the Arts Commons proposal, and another committee was formed to look at the fieldhouse and a possible redevelopment of Foothills Athletic Park.

Council members say all of the projects have merits but what isn't known is how much money the city has for this or which project has priority.

Instead of a public discussion, city council wentinto a closed session to talk money and sequencing.

Mayor Naheed Nenshi signalled to council Monday morningthatmore information will be needed before decisions on prioritization can be made.

"I strongly suspect what will happen at the end of the day today will be we'll send administration back to reflect the discussion this morning in terms of developing more refined options for funding, financing and phasing on those four projects," he said, hours before councillors voted to do just that.

But several councillors, including Jyoti Gondek, weren't happy about delaying things.

"I'm a little frustrated by doing deep dives that result in more work for admin when we should be setting clear direction and making some decisions," she said earlier Monday.

Coun. Jeff Davison says his colleagues will hear about the city's financial capacity, but adds it can't do everything so council will have to choose the best projects.

"First and foremost, what is the availability of any of these projects to attract follow-on capital? We're not at a critical time here in the economy that we can just say, let's just put our money wherever," he said.

"We really have to look at the projects that have meaningful impact, that have economic impact and that have social value to every citizen."

Economic impact assessment

An economic impact assessment released Friday showed that developing projects in a proposed culture and entertainment district in Victoria Park including a new arena could generate hundreds of millions of dollars in economic activity.

Gondek says she'snot interested in pitting projects against one another.

"There has been some perception especially based on our agenda for Monday's meeting that we're trying to, we're running a beauty contest if you will," she said.

Coun. Ward Sutherland says he believes the city can do two projects at the same time the arena and the BMO expansion.

"It's there. I've seen the dollars. We can do it," he said.

"I also think we can do the arts centre, sequence it later on."

Another question that will have to be answered will be whether other orders of government will helpcover the hefty price tags.

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