Palma
Senior Member
I was listenign to Rob Ford In the City today and a caller said there is something in the municipal act that would allow them to issue a bond for up to 40 years. Charge 1% above prevailing interest rate and the bond would sell out and then instant funding for Sheppard subway. Offer an option that it is redeemable after 10 years. Then he said in a few years interest rates will be higher than the interest rate offered on the bond. Ya bond holders will be happy about that. But should Rob Ford and company not have looked at this option.
And then this guy called in to say if there is a delay than the streetcars get stacked up. But Sheppard is to have a ROW so it will not be held up by that 1 car with a lone driver. And the usual, all the calls for Ford and subways. Its strange these callers do not call in on the other shows yet on In The City its a constant barage of them calling and they are all for Ford. It must be a set-up - all the calls are lined up. After the vote on Wed - if it goes for LRT, what will Ford then talk about on the show. And one guy calls about whats next fro council - building more bike lanes? Ford tells him no more bike lanes will be built
And then this guy called in to say if there is a delay than the streetcars get stacked up. But Sheppard is to have a ROW so it will not be held up by that 1 car with a lone driver. And the usual, all the calls for Ford and subways. Its strange these callers do not call in on the other shows yet on In The City its a constant barage of them calling and they are all for Ford. It must be a set-up - all the calls are lined up. After the vote on Wed - if it goes for LRT, what will Ford then talk about on the show. And one guy calls about whats next fro council - building more bike lanes? Ford tells him no more bike lanes will be built
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