Fraser Votes in Favour of Stadium

Fraser hasn’t been on board with the stadium project from the beginning, arguing it’s not the right fit for the city at this time, especially when there are more pressing infrastructure needs. He’s also concerned with the city approaching its debt limit of $450 million once the costs of the new sewage treatment plant hit the books.

He didn’t want to vote at all on the bylaw. But in order for this issue to move ahead council had to be in total agreement. On that basis he ended up voting reluctantly in favour.

“I voted for what I think is best for the city but again it’s also on my mind that next month could be a worse option if I were to hold it up for a month,” Fraser said on the possibility of the interest rate climbing higher.

http://www.cjme.com/story/regina-council-votes-4-interest-100-million-stadium-loan/236430

 

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