Jan. 20, 2009
MONCTON (CNB) - An agreement between the province and a private-sector proponent to construct, operate and maintain the Moncton law courts facility has been finalized. Premier Shawn Graham made the announcement today in Moncton.
"We are very pleased to announce that the province has entered into a lease agreement with Citigroup and associated companies for this very important project," said Graham. "The new state-of-the-art courthouse is being built as a private-public partnership, and will enhance the delivery of justice in New Brunswick."
Joining Graham for the announcement were Ed Doherty, minister of supply and services, Health Minister Michael Murphy and Joan MacAlpine-Stiles, MLA for Moncton West.
The agreement will see the province sell the former Beaver Lumber property at the corner of Assumption Boulevard and Westmorland Street to the developer for $1.6 million. Citigroup will build, own, operate, finance, maintain and lease back the facility to the province for about $7.1 million per year, which includes all costs for taxes, energy, cleaning, etc. The province will assume ownership of the facility at the end of the 30-year lease.
"This is excellent news for the City of Moncton as we continue to modernize and improve the infrastructure of New Brunswick's justice system," said Doherty. "This project meets a critical need identified by the judicial community for improved and expanded court facilities for the greater Moncton region. It will also allow all court activities in the community to take place in a more secure, state-of-the-art, accessible facility."
The estimated capital cost of the project is $50 million. The facility will be about 11,970 square metres (133,000 square feet) in area, and will have 15 courtrooms, two hearing rooms, holding cells and chambers for the judiciary. It will also have offices for court services administration personnel, public prosecutions, the Barristers Society, sheriff personnel, Public Safety officials, police and justice officials.
Construction will begin immediately, and is scheduled to be completed in fall of 2010.
MEDIA CONTACTS: Marie-Andrée Bolduc, Office of the Premier, 506-444-2286; Sharon Jones, communications, Department of Supply and Services, 506-457-7903; Elaine Bell, communications, Department of Justice, 506-453-6543.