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Oval Car Park to go-Ahead

1/5/2013

Mayor Jean Hay and her Liberal Councillors are moving at a great pace to proceed with the 2015 Plan which at its core entails the demolition of Whistler Street carpark (yes, it's an eyesore but still a valuable asset that holds 395 cars); the demolition and rebuild of Many Library and the building of an 800 space carpark under Manly Oval. The overall cost of the Plan? - $80million. Add this to the $15 million to upgrade the Manly Swim Centre and you are looking at total capital expenditure of $100 million.

Can Manly ratepayers afford this? No! Let's get real. We need to live within our means not be servicing borrowings of $100 million for years to come. I'm not persuaded this is good for Manly.

2 Comments

Evelyn Shervington

13/6/2013 03:06:56 am

The vast increase in debt proposed for Manly is obviously unsustainable. The only winners will be the banks and the main losers will be the Manly residents for many years to come.
What about a nice clear presentation from that excellent accountant who talked to us at both of the recent meetings. He showed how these commitments were unlikely to be financially viable based on current car parking patterns and also that State Treasury have approved a fair number of 'lemons' in the last few years.

Tom Millett

20/9/2014 09:28:21 am

$100m - not enough!! Why not a tower on top of the Oval With enough levels to satisfy Growth in Manly for the next 25 years,
The Rugby could be accommodated at Nth head, say at the old quarantine station.
Complement this development with a 25/30 level development over the wharf and we are well on the way to a really fugly Manly and we haven't even mentioned Collins Flat nor those tunnels at North Head.
$100m????? - Hey let's do a $500m debt. and really screw ourselves

Oval Car Park to go-Ahead

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