October 7, 2009 - 8:43 am |
Posted by Jonathan Ross
NPA sympathizers seem to have taken a "hear no evil" type of approach to yesterday's release of the KPMG report on the Olympic Village.
As predicted, CityCaucus’s brief coverage of yesterday’s KPMG report on the Olympic Village completely ignores the focal point of the problems with the bid process.
Instead of addressing the fact that Millennium was in last place of three candidates after the first set of criteria yet still ended up winning the contract, Mike Klassen talks about a number of topics other than the findings within the report.
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October 6, 2009 - 2:35 pm |
Posted by Jonathan Ross
Here lies the NPA, a party that once laid claim to fiscal responsibility and governance entitlement in Vancouver. It is survived by Suzanne Anton, Ian Robertson, and a few faithful wayward souls.
Here is the KPMG report that Councillor Suzanne Anton was so anxious to get her hands on these past few months. Read through these summarized details, and help me figure out exactly why:
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October 6, 2009 - 10:06 am |
Posted by Jonathan Ross
The NPA's legacy to the taxpayers of Vancouver explodes this morning.
In spite of the false assertions from Councillor Suzanne Anton that the KPMG Olympic Village report is somehow being hidden, the document is poised to be released for public consumption in about 30 minutes.
I of course don’t have the report, but have been provided with some details that will give Vancouver taxpayers an idea of how inept and irresponsible the former NPA council was in managing this project.
Namely, the most explosive revelation that will come to light will be around the decision to choose Millennium as the developer for the project.
The KPMG report will demonstrate that in the first round of ranking criteria, Millenium came in third out of three potential candidates. Subsequently, new criteria was added into the mix to allow Millennium to rise to the top of the heap and win the contract.
What I am not aware of at this point is what that criteria was, why it changed, or who decided it should change.
What should provide answers surrounding the Olympic Village will undoubtedly raise just as many questions as to how such a defining feature of our city’s Olympic infrastructure was so badly handled.
This should be an interesting morning.
September 25, 2009 - 9:27 am |
Posted by Jonathan Ross
Sullivan's defense of his financial decisions are likely to be shredded by the auditors of KPMG.
I am still awaiting the KPMG report that will expose the complete incompetence, and some might say impropriety, of the previous NPA council with regards to the mismanagement of the Olympic Village.
In the mean time, however, I will direct readers to this smug editorial written by former Mayor Sam Sullivan in January, 2009. In it, he seems to argue that as a result of the Property Endowment Fund’s (PEF) enviable size, the Olympic Village and the manner in which taxpayers money was handled is not worthy of concern. If losses are attributed to the PEF instead of the annual operating budget, everything is fine, according to Sam.
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