I have been critical of SWSDA in this blog and have been chided by one writer about being negative.... So here's an opportunity to describe all of the good things SWSDA has done... Send the documented information in about SWSDA's socio-economic development impacts in our communities that local businesses and agencies could not have done simply by going to the funding agency directly and I will gladly print them. Deal?
So here's where you can start with the monies flowed through SWSDA.
+/- $70 million in cash PLUS +/- $70 million in property.
1. SWSDA receives core funding from our municipalities and based on that support, it gets additional core funding from the provincial and federal governments.
2. In addition, SWSDA has developed an approach to development whereby they directly administer a lot of project and program funding from all three levels of government.
3. SWSDA also receives assorted grants, loans, mortgages, etc. from the three governments.
4. Finally, SWSDA is also the beneficiary of land and facilities provided at no cost or very little cost by the federal and provincial government. A good example are the two property packages provided in Shelburne - The Shelburne Boys School and the former Naval Base with a combined replacement value set at about $50 million.
So here's the question to you dear reader.... can you identify the socio-economic impact of the $150 million dollars in cash and kind (more or less) that have flowed through SWSDA over the past decade and a half?
To provide assistance, here is the SWSDA web site with the projects referred to by one commenter... http://www.swsda.com/index.php?p=projects
Here you can review all of the projects SWSDA claims going back to 1996 and if you don't know the answer, I invite you to contact SWSDA and/or their purported beneficiaries and ask them. Please do not make unsupported claims... they will be challenged or refuted and may not be published.
2 comments:
Hmmm, $l50 million, over a fifteen years, and what was the socio-economic impact? Was it business in Shelb. Co.? I'm thinking, hmmm, well we've had a few small businesses open but it appears a large percentage of those failed within two years, we lost on the waterfrontage at the old navy station, we lost on the boy school land - oh, now I remember - YAIC did good, Ralston MacDonnell did good, Mary and Jimmy did good, McInnes Cooper did good, and now we see Frank has done good as far as personal expenses go.
No matter how Frank spins this, it's been a total FAILURE.
notbornyesterdaybutgreymatternotgone
The former Boys School and the Naval Base may have been valued at $50 million but the reality is that property is only worth what someone is actually willing to pay for it.
Ann R
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