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November 6, 2008City issues statement re: financing of Olympic VillageThe financial and schedule risks assumed by the City with respect to the Olympic Village remain unchanged. The City is conducting business related to Southeast False Creek and the Olympic Village pursuant to a unanimous Council mandate. Staff has kept all Council members informed on developments since the beginning of the project, and will continue to report out as appropriate. The City will continue to make information publicly available when appropriate in order to continue to act in the taxpayers’ best interest. The City is confident that the Olympic Village will be completed on schedule and turned over to VANOC as planned.
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2008, City of Vancouver |
