10-04-2018, 10:08 AM
(This post was last modified: 10-04-2018, 10:09 AM by danbrotherston.)
(10-04-2018, 10:02 AM)EdM Wrote:(10-03-2018, 06:36 AM)ijmorlan Wrote: Also note the comments already on the petition from people who would presumably have a coronary if they were to encounter the suggestion that they should pay a fee to use the roads on which they drive their cars.
What do they pay for parking at Conestoga now?
https://www.conestogac.on.ca/parking-ser...ermitrates
Rates are given in per term or per year amounts. Lowest per month rate is about $444/year which works out to $37/month + tax. While this is far higher than I expected (this is a massive greenfield development--parking is usually free). It is still likely below the cost of constructing and operating the surface parking lots...and certainly below the opportunity cost of the land.
But someone can try and pull up their financials to understand the actual profit/loss statement of their parking enterprise (although, it would take someone better at accounting than I to try and compute the amortized construction cost, if that's even available).