• Time to Say No to a Bridge to Nowhere

    The 2014-2018 Council (including the former Ward 2 Councillor), set aside $5 million to potentially fund the “Ribbon of the Thames” portion of the “Back to the River” project.

    What has become known as the “bridge to nowhere”, a suspended lookout bridge and river facing amphitheater space, has already ballooned in cost from $2 million to $7 million, with additional costs for shoreline work, excavation, and flood mitigation measures coming in at another $3-4 million.

    Staff pegs the cost of the “Ribbon of the Thames” at a minimum of $12.8 million dollars, with only $2 million in private donations from the London Community Foundation, leaving the project with at least a $5 million funding gap even if we spend all $5 million of the public dollars set aside.

    And that’s without spending a penny on the removal of the decommissioned Springbank Bank that has gates and hydraulic systems currently sitting at the bottom of the river. Continue Reading