09212015 NEWS

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The Tribune

Volume:115 No.209, SEPTEMBER 21ST, 2018

Established 1903

Weekend

THE PEOPLE’S PAPER: $1 art books theatre film fashion

Weekend

SHAUNAE: AFTER ATHLETICS? CHOCOLATE AND FIVE KIDS

Friday, September 21, 2018

entertainment gardening puzzles

LET’S GO PLOGGING Page7

Simply Shaunae

Up close and personal (with

the champion)

pages 4 & 5

GRAND PLAN • Wynn wanted $159m – that’s why we walked • Wynn – Yes, I asked for a lot, I had to • PM stepped in to stop asset strip by Hutchison By KHRISNA RUSSELL Deputy Chief Reporter krussell@tribunemedia.net THE Minnis administration stepped away from the Wynn Group’s proposal for the Grand Lucayan in Grand Bahama because its CEO Paul Wynn wanted extraordinary concessions, according to Prime Minister Dr Hubert Minnis, who revealed that deal would have cost the government $159.65m. Those concessions featured discounted electricity rates and permission to employ hundreds of foreign workers, including some without work permits, among other things, he told Parliament yesterday.

PRIME Minister Dr Hubert Minnis speaks in the House of Assembly yesterday. PHOTO: Terrel W Carey/ Tribune staff

Dr Minnis noted the cost of this would have been “substantially” more than the $65m his administration will now pay to temporarily own the hotel. However, opposition parliamentarians noted in their speeches that the $65m far from captures all the costs associated with acquiring and operating the resort, with Exuma and Ragged Island MP Chester Cooper “conservatively” putting the overall cost at $100m. Dr Minnis said Mr Wynn’s requests earlier this year made it clear the only option was for the government to purchase the resort in Grand Bahama. He said of the Wynn Group’s requests: “I don’t want to say where I SEE PAGE FIVE AND BUSINESS

ELEUTHERA FAMILIES: WE WANT DISNEY

By RICARDO WELLS Tribune Staff Reporter rwells@tribunemedia.net

Lighthouse Point, a privately owned 700-acre peninsula comprising the southJOB creation will be ern tip of Eleuthera, the determining factor in has remained in the the fight over the develpublic spotlight for opment of Lighthouse much of the past three Point, according to one months, with conservaresident in Central and LIGHTHOUSE Point. (Photo/Barefoot Marketing) tion groups launching South Eleuthera. a massive preservation In a series of interviews with The Trib- campaign for the property. une this week, various residents from the Disney Cruise Lines has proposed to community have argued that the “ulti- develop a destination at the site. mate voice of the people” must be heard, Organisations such as the Bahamas and once that occurs, “respected and National Trust and the One Eleuthera SEE PAGE NINE encouraged.”

Nassau & Bahama Islands’ Leading Newspaper

A COMIC’S VIEW:

NONE FOR THE ROAD

SEE PAGE EIGHT


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