ICYMI: Coun. Gian-Carlo Carra says he made no secret of his plans to develop an Inglewood property, even though he failed to legally disclose his pecuniary interest in it for more than six years yyc yyccc
Carra confirmed he made the $300,000 down payment on the property to a family friend, Brian Kernick. The property was purchased by Kernick’s company, Kernick Enterprises Ltd.Article content“It was a classic Calgary handshake deal among close friends,” said the Ward 9 councillor.
When asked if he had ever done another deal in which a large amount of money had been exchanged without paperwork, Kernick said, “No, generally not.”“Everybody knew it,” he said, “Everybody. Councillors, neighbours, everybody was told. Everybody knew about it. I think there was some paperwork he didn’t fill out properly and maybe specify it. But it wasn’t like it was a secret.”Article content
“His being so open about his involvement and all the rest of it, I really think hurt us and how long it took to get approved,” said Kernick. “I feel I took a financial hit in a big way, sitting on this forever, because people were against the project.”Article content That promissory note is mentioned in the integrity commissioner’s report as having been filed on Jan. 12, 2021. The report notes Carra did not update his council financial disclosure paperwork to reflect his interest in 66 New Street until Nov. 10, 2021.
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