The proposed extension to the City’s boundary would result in a significant addition to its infrastructure assets mainly in the areas currently in the City of Vincent. A comprehensive review of the assets has been undertaken and confirmed that the City would be exposed to higher expenditure to bring them up to a standard consistent with that presently in the City estimated to be $7.5 million. The cost would increase by $13 million if the whole of the City of Vincent were to be included in the City’s boundary.
I don't know what standards they mean and which specific assets they refer to, but I don't think there are many in the City of Vincent that need that sort of upgrading. Since the City of Perth's argument is largely that it ought to have, but currently doesn't have, these types of assets to be a genuine capital city, I doubt very much that they even have standards for them.
In any case, why no mention of the pure assets - $50 million of land in Leederville, $10+ million for the Department of Sport and Recreation Building and more millions for the recently-upgraded and extended Loftus Centre.
The City of Perth wants to make it sound that it is doing (some) Vincent residents a favour by taking on assets that it would have to upgrade. Pull the other leg, Perth, it's got bells on!
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