{"id":39247,"date":"2017-10-25T17:59:18","date_gmt":"2017-10-25T21:59:18","guid":{"rendered":"https:\/\/huntsville.dopperonline.ca\/?p=39247"},"modified":"2017-10-25T18:08:33","modified_gmt":"2017-10-25T22:08:33","slug":"town-pursue-offer-purchase-waterloo-building","status":"publish","type":"post","link":"https:\/\/doppleronline.ca\/huntsville\/town-pursue-offer-purchase-waterloo-building\/","title":{"rendered":"Town to pursue offer of purchase for Waterloo building"},"content":{"rendered":"<p>Huntsville&#8217;s General Committee met today in closed session to discuss the results of proposals received for the Waterloo Summit Centre for the Environment.<\/p>\n<div style=\"float: left; margin-right: 14px;\"><strong><broadstreet-zone zone-id=\"45658\" keywords=\"\" soft-keywords=\"true\" zone-alias=\"\"><\/broadstreet-zone><\/strong><\/div>\n<p>It had issued a Request for Proposals (RFP) which closed on September 28 and to which five bidders responded, three with offers of purchase and two with lease proposals. (See a summary <span style=\"text-decoration: underline;\"><a href=\"https:\/\/doppleronline.ca\/huntsville\/will-waterloo-sold-leased\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/span>.) Town staff assessed those proposals based on criteria outlined in the RFP.<\/p>\n<p>The lease proposals received scores for economic impact on the community (job creation) \u2013 15 per cent; financial impact to the municipality \u2013 35 per cent;  alignment of the proposal with the Town\u2019s Strategic Vision and Beyond 2017 \u2013 20 per cent; related experience of the partners\/business as it pertains to the proposal \u2013 10 per cent; and business plan and project timelines \u2013 20 per cent.<\/p>\n<p>The purchase proposals received scores for proposed price \u2013 70 per cent; alignment of the proposal with the Town\u2019s Strategic Vision and Beyond 2017 \u2013 20 per cent; and economic impact on the community (job creation) \u2013 10 per cent.<\/p>\n<p>Staff presented the top purchase and top lease proposals to committee in closed session today.<\/p>\n<p>In a resolution following the closed session, committee directed staff to pursue the purchase proposal presented by De Novo Trust Fund, which was submitted by a representative of the McAteer Group of Companies from Markham.<\/p>\n<p>As there are conditions that must first be met to the satisfaction of the Town, it cannot yet disclose details of the offer, said Town CAO Denise Corry. Should the Town decide to accept the offer from De Novo, Council must first declare the property surplus and then follow the procedures laid out in its Sale and Other Disposition of Land bylaw.<\/p>\n<p>Should the conditions of the sale not be met, the matter will return to committee for further discussion.<\/p>\n<p style=\"text-align: center;\"><strong>Don\u2019t miss out on Doppler! Sign up for our free newsletter <a href=\"https:\/\/doppleronline.ca\/huntsville\/dont-miss-out-on-doppler\/\"><u>here<\/u>.<\/a><\/strong><\/p>\n<p style=\"text-align: center;\"><broadstreet-zone zone-id=\"45657\" keywords=\"\" soft-keywords=\"true\" zone-alias=\"\"><\/broadstreet-zone>\n","protected":false},"excerpt":{"rendered":"<p>Huntsville&#8217;s General Committee met today in closed session to discuss the results of proposals received for the Waterloo Summit Centre for the Environment. It had issued a Request for Proposals [&#8230;]<\/p>\n","protected":false},"author":1903,"featured_media":32378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[26],"class_list":["post-39247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-breaking"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Town to pursue offer of purchase for Waterloo building - Huntsville Doppler<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/doppleronline.ca\/huntsville\/town-pursue-offer-purchase-waterloo-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town to pursue offer of purchase for Waterloo building - Huntsville Doppler\" \/>\n<meta property=\"og:description\" content=\"Huntsville&#8217;s General Committee met today in closed session to discuss the results of proposals received for the Waterloo Summit Centre for the Environment. 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