FREE ONLY WITH
CityWest
Inside
◆ NEWS Terrace crime index jumps, P. 7 ◆ NEWS Rupert payroll above average, P. 12
◆ SPORTS Games athlete shines, P. 23 ◆ CLASSIFIEDS, P. 15-21
Free
Olympics London 2012 CityWest Digital TV On Demand
Watch when you want, pause,
FRIDAY, August 3, 2012
Volume 7 Issue 4
TMC 20,700
rewind and fast forward.
On Channel 1 until Sept 10th
1-800-442-8664
www.citywest.ca
Visit IZggVXZ! 78 IZggVXZ
KVcXdjkZg
FILE PHOTO / THE NORTHERN CONNECTOR
Almost three years after the City of Prince Rupert took ownership of the site, a group made up of local First Nations and resource companies has tendered an offer to purchase Watson Island.
Group makes an offer to buy Watson Island By Shaun Thomas THE NORTHERN CONNECTOR
lll#K^h^iIZggVXZ#Xdb
2012 Tourism Guides available online @ www.terracestandard.com Want to be included in the
2013 Guide? call
250-638-7283 S TANDARD TERRACE
PRINCE RUPERT - A group consisting of local First Nations, Colonial Coal and Hillsborough Resources has made a conditional offer to purchase Watson Island from the City of Prince Rupert and the District of Port Edward. The group, known as the Watson Island Development Corporation (WatCo), is offering to buy the old Skeena Cellulose Pulp Mill site for a combined $5.5. million with $5 million being paid to the City of Prince Rupert and $500,000 being paid to the District of Port Edward. Should the deal go through, the Lax Kw’alaams and Metlakatla First Nations will hold title to the properties while WatCo wil hold a 99-year lease for the develop-
ment and operation of a bulk shipping terminal and industrial park on the site. “Our plans are to develop a seaport terminal and industrial park on Watson Island near Prince Rupert,” said Watco president and CEO Perry Braun. “A new shipping terminal will contribute to Prince Rupert’s reputation as a trade gateway to Asia...It will create permanent direct and indirect jobs and significantly expand the city’s industrial tax base,” added Prince Rupert mayor Jack Mussallem.
The sale is conditional on a number of factors, including a remediation plan approved by the provincial government and a site plan being presented to local and provincial governments before the sale is finalized. WatCo will be funding the development of these plans, and says it Perry Braun will be consulting with the community on the site plan development with the goal being a plan that maximized the reuse and repurposing of buildings and materials and has the lowest impact approach to terminal operation. As well, the three court cas-
“Our plans are to develop a seaport terminal and industrial park on Watson Island...”
CITY CENTRE MALL OPEN BC DAY
KITIMAT 250-632-2433
REGULAR MALL HOURS: Mon.- Thur. & Sat. 9:30 am - 6 pm Fri. 9:30 am - 9 pm Sun. Noon - 5 pm
Monday August 6 Noon-5 pm
es involving former owners Sun Wave Forest Products and the City of Prince Rupert must be resolved before the sale goes forward. Once the conditions have been met and the sale is complete, work on the new shipping terminal will begin in conjunction with the remediation work. While those conditions are being worked out, WatCo will continue monthly payments to the City of Prince Rupert for the maintenance of the site. The $5.5 million price tag of the conditional sale is $8 million below the minimum $13 million bid the City was seeking when it put the property up for tax sale in 2009 and below the $6.48 million owed to the City of Prince Rupert in back taxes by former owner Sun Wave Forest Products.