The Town of Saugeen Shores Committee of Whole approved in principle the land lease for The Cedar Crescent Village proposed for the Port Elgin waterfront December 16.
In a Town of Saugeen Shores media release, in a very high level summary, the lease includes a term of approximately 50 years as well as the location to be used by the project. The lease also lays out the proponent’s responsibilities, which include, among others, paying all costs for the servicing, construction, ongoing maintenance, and operation of the project; obtaining all necessary permits and adhering to all regulations; paying rent as set out, or delivering agreed upon community benefit services in kind; and paying property taxes and development charges.
“Council has thoroughly reviewed this proposal and the public input we have received,” said Mayor Luke Charbonneau in the release. “We still have a lot of work ahead of us to ensure that this project works well for the Town, our residents and visitors, but this is an important step in that process.”
The lease will return for Council’s approval early in 2020. The public can continue to send written or emailed feedback to or Town of Saugeen Shores, 600 Tomlinson Drive, Box 820, Port Elgin, ON, N0H 2C0 or clerk@saugeenshores.ca. All correspondence becomes part of the public record and available for Council and staff to view.
More to come.
