Submitted by Eric Moschopedis on behalf of Planning & Development
We wanted to share a quick update with you about the lease negotiations with the City of Calgary. In our last update in mid-February we shared with you that Real Estate and Development (REDS) had prepared a report that proposed three scenarios that would then be taken to Council. P & D is aware of the reports content at an extremely high level, however the report itself is confidential as is normal in these types of land transactions. Unfortunately, we can’t tell you what we know, but are confident 2 of the 3 scenarios will work for Sunnyhill. Once the report goes to Council, they will then decide which of the proposed land agreements the City would offer to Sunnyhill. REDS anticipated the report would come forward at the April 25th Council meeting. In our last update we also detailed a process whereby REDS would meet with City Councillors to brief them about the plan and after each meeting REDS would inform us about the meeting so that we could follow up. To date we have not had any further communication from REDS. Lee Prevost from Boundary Design has reached out to Councillor Wong to see if we can get some insight into where the process is at. A meeting is being arranged for as soon as possible. As a note: this kind of silence from REDS has not been unusual in our experience. Ultimately, we are still anticipating REDS will be bringing the proposed scenarios to Council later this month. As soon as we learn more we will let the membership know.
Eric Moschopedis, on behalf of P & D