The intent of the development has now been described as " an intention to construct a grain handling facility and possibly other facilities on the Property and on the Purchaser's adjacent lands"
Remember that the Farm Land Security Board was savy enough to at least put some time limits on getting those proposed facilities built. One would have thought it prudent to at least copy the Farm Land Security Board conditions into the RM sale agreement. But not so.
Sure looks to me like the townsite of Northgate was forever transferred into foreign hands with no chance of any part of it ever being returned to any use other than what the non-Canadian entity decides. There are still a few privately held lots; and it is to be hoped that those persons do not rely on the RM sale prices as anywhere close to the actual market value of their property.
Remember that the Farm Land Security Board was savy enough to at least put some time limits on getting those proposed facilities built. One would have thought it prudent to at least copy the Farm Land Security Board conditions into the RM sale agreement. But not so.
Sure looks to me like the townsite of Northgate was forever transferred into foreign hands with no chance of any part of it ever being returned to any use other than what the non-Canadian entity decides. There are still a few privately held lots; and it is to be hoped that those persons do not rely on the RM sale prices as anywhere close to the actual market value of their property.
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