Some Fineprint to Resolve In Golf Club Sale
By 250 News
There is still a long way to go before the Prince George Golf and Curling Club can sign off the deal with the potential buyers of the site.
Not only will there need to be some changes to the Official Community Plan, there will also be rezoning, and then there is that matter of a restrictive covenant on the property. That is the covenant which says the property must be used for recreation.
“The City will be extracting some value for the removal of that restrictive covenant” says Ian Wells of the City’s Real Estate Division. Loosely translated, there will be a price tag attached to the removal of that covenant.
When will all that happen? That is not easy to pinpoint, as the Prince George Golf and Curling Club is still in court over the deal with Pomeroy Group. That deal has collapsed and a second purchaser stepped forward with a little more money for the property.
Then there would be the need to remove the restrictive covenant to allow the potential developer to move forward with the re-zoning applications and the development of a neighbourhood plan.
The Golf Club is already into the design stage for a new golf course which is planned for property off Foothills Boulevard and north of North Nechako Road.
The discussions on the costs associated with the removal of the covenant have yet to begin.
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Has anyone driven up / down University Way recently. It is one long pot hole starting at the bottom all the way to the top ! Then when you come down University Way it has these huge potholes in so many places it is hard to stay in your lane. Whoops, sorry about that it is actually about average compared to the rest of the roads in PG.