{"id":10374,"date":"2009-04-17T00:00:00","date_gmt":"2009-04-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"olympic-village-draining-citys-cash-reserves","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2009\/olympic-village-draining-citys-cash-reserves.html","title":{"rendered":"Olympic village draining city&#8217;s cash reserves"},"content":{"rendered":"<p>Globe and Mail &#8211; The multimillion-dollar bills continue to creep up on the Olympic village project.<\/p>\n<p>The city has stashed $25-million into a contingency reserve for the project, while its property endowment fund has now disbursed $100-million for the city&#8217;s own &quot;public-realm&quot; improvements for the new neighbourhood.<\/p>\n<p><!-- \/Summary --> <\/p>\n<p>Those amounts are on top of the half a billion dollars that the city had lent to the private builders of the Olympic village by the end of last month, which is about two-thirds of the $860-million the project is anticipated to cost by the end.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.theglobeandmail.com\/servlet\/story\/LAC.20090417.BCVANCOUVER17ART2208\/TPStory\/National\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Globe and Mail &#8211; The multimillion-dollar bills continue to creep up on the Olympic village project. The city has stashed $25-million into a contingency reserve for the project, while its property endowment fund has now disbursed $100-million for the city&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[310,1344,10446,10449,2026,6957,10451,9538,10450,3554,10448,10447,3132],"class_list":["post-10374","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-100-million","tag-billion-dollars","tag-contingency-reserve","tag-dollar-bills","tag-endowment-fund","tag-globe-and-mail","tag-improvements","tag-lent","tag-multimillion-dollar","tag-neighbourhood","tag-olympic-village","tag-private-builders","tag-two-thirds"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10374"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10374\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}