Doug Schmidt, The Windsor Star
Windsor has to dig up an extra $2.3 million after the cost of its pledge to pay to connect wind tower manufacturer C.S. Wind Canada to a nearby railway line more than doubled. City council on Monday will be asked to approve spending almost $4.3 million on a spur from the CP Railway main line. Council set aside only $2 million for the project in its 2011 capital budget.
With the originally approved $8 million in required land acquisitions, it puts the municipality’s investment toward luring the South Korea-based company to Windsor at $12.3 million.
“It’s a surprise we don’t like to have,” said Ward 9 Coun. Hilary Payne. “The initial estimate turned out quite a bit low,” said city engineer Mario Sonego. “I’m disappointed … 95 per cent of our projects are on budget or under budget, but a few of them – this is one – can be surprises.”
Building the spur line was part of the city’s agreement with C.S. Wind, a junior partner of South Korea giant Samsung, which signed a $7-billion renewable energy deal with the province. Sonego said the railway spur remains an “essential” element of the Windsor company’s plans to expand its business in North America. Read article