- Joined
- Sep 7, 2007
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- 86
http://http://www.reddeer.ca/Keepin...+looks+to+support+downtown+revitalization.htmConditional offer for Arlington Hotel looks to support downtown revitalization
August 7, 2008
(Red Deer, Alberta) – The City has taken a leadership role in the redevelopment and revitalization of downtown by making a conditional offer to purchase the Arlington Hotel. The City is requesting Council approval for a budget of up to $1.5 million for the purchase and associated costs.
If the purchase is completed, The City plans to demolish the building and market the site for sale and development. The purchase of the hotel hinges on the removal of two conditions. The first is an environmental assessment related to the demolition of the building and second is Council approval. The conditions of sale must be met on or before September 15, 2008. City administration will be asking Council to delegate authority to the City Manager to determine the viability of removing all conditions prior to that date.
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Thank you,
Glenn
August 7, 2008
(Red Deer, Alberta) – The City has taken a leadership role in the redevelopment and revitalization of downtown by making a conditional offer to purchase the Arlington Hotel. The City is requesting Council approval for a budget of up to $1.5 million for the purchase and associated costs.
If the purchase is completed, The City plans to demolish the building and market the site for sale and development. The purchase of the hotel hinges on the removal of two conditions. The first is an environmental assessment related to the demolition of the building and second is Council approval. The conditions of sale must be met on or before September 15, 2008. City administration will be asking Council to delegate authority to the City Manager to determine the viability of removing all conditions prior to that date.
Read More
Thank you,
Glenn