I had a chance to watch the proceedings at council last night and was not to surprised at the outcome. I'm very excited about this project but can't help feel that my fingers should still be crossed.
As Country had pointed out they have 15 days to pay the full amount after the closing date of Nov.1 A down payment of $250,000.00 has to be made in 2 days of agreement by city council.
They are allowed to do site prep but no construction till the documents securing the financing are registered against the title.
Report from Administration:
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