Mr. Speaker, with regard to the hotel in Clyde River, the gentleman who has the lease at the present time -- his lease is running out. The department would like to sell that particular hotel. There seems to be a dispute between the gentleman who has the lease and the department, and that arose because in the original ad that was placed it did say, 'for the lease and option to purchase" of that hotel. When the gentleman and the department entered into a lease agreement, the lease did not contain the option to purchase. The reason for that is because it was not known at that time if the hotel would be economic. Consequently, there are two parties who are interested in purchasing the hotel at the present time, Mr. Speaker: Mr. Arreak and the co-operative in Clyde River. We have looked at it and provided information to both parties, and it would be our intention to go to proposal call and select the best of the two proposals. Thank you, Mr. Speaker.
John Pollard on Question O485-12(2): Guidelines For Privatization Of Government Programs And Services
In the Legislative Assembly on April 2nd, 1992. See this statement in context.
Return To Question O485-12(2):guidelines For Privatization Of Government Programs And Services
Question O485-12(2): Guidelines For Privatization Of Government Programs And Services
Item 5: Oral Questions
April 1st, 1992
Page 585
John Pollard Hay River
See context to find out what was said next.