Wednesday, May 4, 2011

Station 20 West: update

Station 20 West Gains new legs with big donation

When last we checked in on Station 20 West, it had raised $2 million in a little more than 2 years since their funding from the provincial government had been pulled.  On Feb. 15th, it had planned to raise another $2 million and take out a mortgage for the remainder.

Now, just 16 months later, the project received a donation that pushed them to $5.25 million and put them within $275,000 of their ultimate goal of funding the entire project.

Let me say that again, just to emphasize it... THEY ARE WITHIN $275,000 OF FUNDING THE ENTIRE PROJECT WITHOUT A MORTGAGE.

What a difference 3 years makes, because when the funding was cut, there was a huge outcry that the project would NEVER get done, and the government and the Premier were evil mean jerks for killing this project by taking away all the funding.  All Mr. Wall said at the time is that if it was truly important, it would get done regardless of the government funding.

It appears he was right.

2 comments:

  1. Isn't it amazing? Apparently, people are capable of great things without government help.

    Who woulda thunk it?

    ReplyDelete
  2. Awesome, eh? Next up? $450 million for a retractable roof stadium. I've got my $430.

    :)

    ReplyDelete