The loan - oops, forgot this tidbit.

I thought this would make it into the news, so I didn't mention it in my post about the last mayoral debate, but I haven't seen it yet:

At the last mayoral debate, Peter Ladner said (stating that the meeting was in the public domain already, so why not let the details out too?) that the loan to Millenium was up to a maximum of $100 million, but the first agreed upon amount was $30 million. He then stated that because the developer now knows how much the city is willing to lend, they will most likely ask to borrow it. And because the project has to get finished, the city will have to lend it to them. An interesting point. Not sure he should have stated it in public, though.