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Reply Rob Miyashiro
4:09 PM on October 2, 2017 
Kendall Gibson says...
Hi Rob
I'm going through the Accountability Lethbridge responses and am curious about your P3 answer which was mostly opposed.
Can you explain please. I thought private money would be a great way to advance projects like a new PAT/PAC or even a new bridge.
Thoughts??
I'd be more than willing to sit down and discuss your ideas.
thx
Kendall

Hi Kendall:
Thank you for your question. My opposition to P3's is that the builder ultimately has control of a "public" space until the facility is paid off. This could also lead to increased costs for the municipality over the long term of the payback period. The goal of the P3 for any builder is to receive adequate return on the investment to make it worthwhile to pursue. The builder will ensure they are getting the best deal for themselves, not necessarily
for the municipality. This could result in the builder operating the facility until it is fully paid back, possibly resulting in higher than necessary facility user fees.
Rob
Reply Kendall Gibson
2:15 PM on October 2, 2017 
Hi Rob
I'm going through the Accountability Lethbridge responses and am curious about your P3 answer which was mostly opposed.
Can you explain please. I thought private money would be a great way to advance projects like a new PAT/PAC or even a new bridge.
Thoughts??
I'd be more than willing to sit down and discuss your ideas.
thx
Kendall