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Mayor Keith Hobbs thinks the city may need to take on debt to pay for some critical capital projects.
Council will receive a report on $148-million worth of strategic infrastructure that the city will try to complete in four years.
The work includes roads, bridges, facilities and contributions to things like a new Art Gallery on the waterfront.
Among the big projects are a greenhouses at the conservatory and a conservatory display house. Those costs are pegged at nearly $4 million. The list also includes money for youth centres and additional phases of the event centre including construction costs of $35 million in 2016.
Hobbs says lists and price tags like this are what give mayors headaches, but the city's infrastructure was crumbling.
Council will also consider providing a one-time grant to the Thunder Bay Indian Friendship Centre of $57,000.
That would go toward purchasing the former Port Arthur Prosvita.
It would then be converted into a youth centre.
(Thunder Bay Television)
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