I was just asked several questions about the hotel deal regarding the contract with Medican and the timelines laid out in the agreement and what repercussions are involved if the timelines are not followed.
You can see the contract for yourself by going to the following address: http://transparencycnp.shawwebspace.ca/blog/posts/2/5/
Included in the contract are the following conditions on page 7 of the agreement:
1 (a) Be satisfied with the zoning of the lands and the Municipality of Crowsnest Pass new land use bylaw, on or before Febuary 15,2013
(b) Completion of final engineering design on or before on March 29,2013
(c) Apply for and or obtain a development permit respecting the development, on or before March 29,2013
(d) Securing an agreement with a hotel chain for the development, on or before April 30, 2013
(e) Obtain a council resolution approving the waive of off-site levies for the development, on or before April 30,2013.
Conditions B and C were extended for an additional thirty days with approval of the municipality, Condition D did that take place? I have not heard anything there is nothing that has been released by the municipality yet.
The agreement also states under section 13 that the clearing of the land including demolition of all the present structures shall take place on or before August 30,2013.
My opinion, there is a council meeting next week (May 7) I expect Bruce will want to receive the maximum exposure on this issue. He will release an announcement in the next couple of days which will allow him to walk in to council next week a hero. He will announce that an agreement has been reached between Medican and Hotel chain ?????? prior to April 30th. Which could not have been achieved without the massive support, guidance, direction and positive thoughts from Council and Administration.
If this does not happen can these deadlines be extended? of course the purchaser requests an extension then the municipality can either agree to the request or let the agreement die, the political repercussions of the latter? not good just months before an election.