$256 million and counting to repair Calgary
July 3, 2013 by STAFF REPORT
The flood that ravaged through parts of Calgary in June caused at least $256.5 million in damages, according to city officials.
On Tuesday, aldermen on the finance committee met to discuss preliminary estimates. The CBC reported the meeting took place in a temporary space in northeast Calgary because city hall needs $26.5 million in repairs and is not fully open.
Several of Calgary’s landmarks suffered extensive damages as a result of the flooding, such as the Calgary Zoo ($50 million), the McDougall and Civic Centre parkades ($33.9 million), Calgary Police Service’s downtown administration building ($31 million), Calgary Transit facilities ($11.7 million), the Central Library ($10 million), and the Talisman Centre ($6.2 million).
The City of Calgary expects to recuperate some of the rebuilding costs from other levels of government, however future budgets will be considerably altered for flood damage repairs.
The annual Calgary Stampede is scheduled to start on July 5, but it will be significantly scaled back. Four concerts have been cancelled at the Saddledome, which was flooded as high as the eighth row, as well as many signature events like the horse cutting competition and the vintage tractor pull.
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