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Title: Calgary BMO Centre expansion could mean boost for nearby businesses

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COCShortDescription: Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension.

COCDescription: <p>Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension. This CRL creates a self-funding mechanism within the Entertainment and Cultural District (as the East Village is being developed).</p> <p>Early this year, Council supported my notice of motion 14-1 to utilize the CRL as the funding source for the BMO convention expansion to a Tier 1 convention centre. BMO will be the first step in establishing a catalyst anchor for the Entertainment &amp; Cultural District.  The BMO expansion will have an incremental impact of over $73M ($220M total), and create 1800 jobs during construction and 500 additional jobs after construction. The proposed funding of the BMO expansion would consist of the participation of all three orders of Government.</p> <p>At the upcoming December 17th Council Meeting, the Community Revitalization Levy report will be addressed by Council. I need the support of Council to get this project over the finish line; this is a team effort that has been the collaboration of many stakeholders.  The business model was vetted, and consultant reports were conducted that verify the BMO expansion is “the right direction”.   </p> <p>We need to move Calgary forward and take action to start the vision of the Rivers District and the Entertainment and Cultural District.  Please let your councillor know if you support the BMO expansion.  #YYC Proud.</p> <p>For more information, watch Sarah Offin on Global News<a href="https://globalnews.ca/video/4729890/calgary-bmo-centre-expansion-could-mean-boost-for-nearby-businesses" target="_blank">here</a> and sign up for my monthly Ward 1 Report at <a href="http://www.wardsutherland.com/" target="_blank">www.WardSutherland.com</a> </p> <p><br /> </p> <div style="margin:0in 0in 8pt"><font face="Calibri"></font> </div>

COCImage: ---http://www.calgary.ca/citycouncil/ward-1/PublishingImages/Banners/calgary-panorama.jpg, https://spprd-authoring.calgary.ca:47443/citycouncil/ward-1/PublishingImages/Banners/calgary-panorama.jpg---

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COCHyperlink: http://www.calgary.ca/citycouncil/ward-1/Pages/latest-news-detail.aspx, /citycouncil/ward-1/Pages/latest-news-detail.aspx

COCPublishedDate: 2018-12-05 00:00:00

COCActive: True

Tag: Arts and Recreation; Councillor; Developments and Projects

Calgary BMO Centre expansion could mean boost for nearby businesses

December 05, 2018

Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension.

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ID: 150

SidebarListCategory:

Title: Calgary BMO Centre expansion could mean boost for nearby businesses

COCFeatured: True

COCShortDescription: Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension.

COCDescription: <p>Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension. This CRL creates a self-funding mechanism within the Entertainment and Cultural District (as the East Village is being developed).</p> <p>Early this year, Council supported my notice of motion 14-1 to utilize the CRL as the funding source for the BMO convention expansion to a Tier 1 convention centre. BMO will be the first step in establishing a catalyst anchor for the Entertainment &amp; Cultural District.  The BMO expansion will have an incremental impact of over $73M ($220M total), and create 1800 jobs during construction and 500 additional jobs after construction. The proposed funding of the BMO expansion would consist of the participation of all three orders of Government.</p> <p>At the upcoming December 17th Council Meeting, the Community Revitalization Levy report will be addressed by Council. I need the support of Council to get this project over the finish line; this is a team effort that has been the collaboration of many stakeholders.  The business model was vetted, and consultant reports were conducted that verify the BMO expansion is “the right direction”.   </p> <p>We need to move Calgary forward and take action to start the vision of the Rivers District and the Entertainment and Cultural District.  Please let your councillor know if you support the BMO expansion.  #YYC Proud.</p> <p>For more information, watch Sarah Offin on Global News<a href="https://globalnews.ca/video/4729890/calgary-bmo-centre-expansion-could-mean-boost-for-nearby-businesses" target="_blank">here</a> and sign up for my monthly Ward 1 Report at <a href="http://www.wardsutherland.com/" target="_blank">www.WardSutherland.com</a> </p> <p><br /> </p> <div style="margin:0in 0in 8pt"><font face="Calibri"></font> </div>

COCImage: http://www.calgary.ca/citycouncil/ward-1/PublishingImages/Banners/calgary-panorama.jpg, https://spprd-authoring.calgary.ca:47443/citycouncil/ward-1/PublishingImages/Banners/calgary-panorama.jpg

COCImageRatio: ratio-4x3

COCHyperlink: http://www.calgary.ca/citycouncil/ward-1/Pages/latest-news-detail.aspx, /citycouncil/ward-1/Pages/latest-news-detail.aspx

COCPublishedDate: 2018-12-05 00:00:00

COCPublishedYear: 2018

COCActive: True

Tag: Arts and Recreation; Councillor; Developments and Projects

Calgary BMO Centre expansion could mean boost for nearby businesses

Council is very pleased that last week the Alberta Government tabled the Community Revitalization Levy (CRL) 20-year extension.

December Ward 1 Report

City of Calgary – Monthly report from Councillor Ward Sutherland

Closed-Door Meeting Report Coming to Council

On December 4th at the Priorities and Finance Committee, a Closed-Door Meeting Report will be presented.

Finding Savings and Efficiencies - Ward’s Budget Series #4

The detailed report of the savings and efficiencies – a total of $607M - which is 20% of the budget, is attached to this post.

Councillors' wages - Ward's Budget Series #3

Councillors' wages and leading by example.

Indicative Tax Rates – Ward's Budget Series #2

Indicative tax rates are an estimate of potential tax rates.

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