The question is not whether it is a good cause, but whether it is a good cause that is affordable and justified.
There are good reasons why the City of Abbotsford may wish to extricate itself from the Memorandum of Understanding (“MOU”) that was signed with the YMCA on February 28, 2011. The underlying assumptions that were used when the City approached the YMCA included growth projections that are questionable. Moreover, given the cost of this project, and the City lacking meaningful reserve monies to fund it, common sense would dictate that this project likely needs to be delayed. Both the City of Abbotsford and the YMCA agree that the signed Memorandum of Understanding (“MOU”, dated February 28, 2011, is what it… Continue Reading