Nickel Belt News
Volume 58 Number 11
Friday, March 16, 2018
Thompson, Manitoba
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Volume 63 • Issue 5
City received about $4.1 million for back taxes, unpaid water bills from Princeton Towers sale proceeds BY IAN GRAHAM
EDITOR@THOMPSONCITIZEN.NET
Book a way to preserve and pass on memories of growing up in Churchill
The City of Thompson has received the lion’s share of money owed to it by the former owner and the receiver of Forest View Suites, with the exception of about $226,000. The apartment complex, better known by its former name of Princeton Towers, was sold by receiver Ernst & Young in September 2022 for a price of $11,100,000, according to a document filed with the Manitoba Court of King’s Bench in October of last year. Ernst & Young was appointed as receiver in July 2019 when Polar Bear Properties, which acquired the two nine-story apartment buildings with a total of 275 suites in 2009, was no longer to pay the costs of a $23,500,000 mortgage it acquired from RBC in 2016. Receiverships are a way for secured creditors (such as the bank that holds the mortgage on a property) to recover amounts they are owed when a debtor defaults on loan payments. At the time the buildings were placed into receivership, Polar Bear Properties owed about $25 million, including $23,130,300 to RBC and about $1.5 million to the city in the form of unpaid property taxes, unpaid water bills and other debts. The company had only about $65,000 cash. Further debts to the City of Thompson accumulated over the course of the receivership, which was discharged by the court on Jan. 30 of this year, totalled
Thompson Citizen file photo The Forest View Suites north tower less than two weeks before a fire shut it down in September 2019. The sale of the apartment complex in September of last year resulted in the City of Thompson receiving most of more than $4 million it was owed by the former owner and the court-appointed receiver that ran the buildings for the last few years and arranged their sale. about $3 million. Taylor’s memo recA company contracted ginally developed as up- RCMP and TFES believed A memo from Gail Tay- ommended that the city by Ernst & Young to scale apartments with occurred due to suspicious lor to mayor and council write off the remaining sell the buildings estab- balconies and great views circumstances or deliberate that is part of the agenda $226,145.62. lished an asking price of of Thompson, as well as criminal action, according for the Feb. 6 committee “As this was a receiv- $15,500,000 and received an indoor pool and sauna, to court documents filed by of the whole meeting said ership, there are no other multiple expressions of they were, by the time that Ernst & Young, forced the that the receiver has paid means to collect the interest, including 17 Polar Bear Properties went evacuation of the building the city $4,114,051.52 of amounts that are owed,” from prospective buyers into receivership, undesir- and resulted in occupancy $4,340,197.14 that was Taylor wrote. “This should who signed a confidenti- able addresses with eleva- being prohibited until owing, which included not set precedence for fu- ality agreement that gave tors that frequently broke damage from the fire and amounts owed by Polar ture requests to have taxes, them access to various in- down and the locations previously existing health Bear Properties at the utilities or receivables formation about the tow- that Thompson RCMP hazards were remedied. time it went into receiv- written off.” ers, including historical and Thompson Fire & At the time of the fire, the ership and amounts inRBC received about $6 financial and operational Emergency Services were building’s insurance covercurred between then and million of the proceeds information. called to most frequently. age had lapsed and losses when the receivership was from the sale of the towers The towers have a In September 2019, a fire related to the fire were not discharged. to a B.C.-based company. checkered history. Ori- in the north tower, which covered. Nickel Belt News photo by Ian Graham Addictions Foundation of Manitoba northern director Gisele deMeulles has written a book about her experiences growing up, mostly in Churchill.
Arena concession operator signs four-year lease with the city
BY IAN GRAHAM
EDITOR@THOMPSONCITIZEN.NET
she’s now written BYThough IAN GRAHAM
a book about her experienEDITOR@THOMPSONCITIZEN.NET cesAgrowing uplease in Churchill, four-year to operAddictions Foundation of ate the Thompson Regional Manitoba northern director Community Centre conGisele said writcessiondeMeulles was approved by ing wasn’t city council something at their Jan.she 23 always meeting.thought she would do.Gold Trail Lodge (2003) “In will my youth I never Ltd. pay $500 per felt good writing,” she month to at lease the space said. when lobby I moved it the “But rec centre as to Thompson to into of Feb. 1 and willget operate the school of to social work, from 10 a.m. 2 p.m. and at that point I had write 4 p.m. to 9:30 p.m.toseven for and extended realized, daysuniversity a week with ‘Holy, during I’m not bad atgames this, hours hockey right?’ I certainly developed and special events. Evena of skill inglothours willinbeuniversity added to and came out of there the daytime hours oncewith the a very strong in my operator has theskill concession writing and confiaccording dence in up and running, my writing. I write very to a memo from recreation clear andSonya that’s Wiseman. it. It’s there. director Some people say it’s kind of blunt or direct. I don’t tend
to write things that you have to figure out. It’s pretty clear when I get through.” Other terms of the lease DeMeulles said she wrote include the concession being her book, titled Whispers in closed from the second week theJuly Wind: from the of untilStories the third week North - Life in the Churchill for of August with exception a couple of reasons. of special events, which the “Imust just provide sort ofsix thought, city weeks’ you know what, advance notice of.this history, thisper stuff that’s my Fifty cent of in Gold head, it’s going to be gone Trail Lodge’s net profits if I don’t write it down,” she from operating the consaid. “My kids are not gocession will be donated ing to get it if I don’t do it towards the construction anda new it’s something I’ve alof aquatic facility in ways wanted my mom to Thompson. do.AMy mom’s an and resolution toelder approve she’slease an artist, she’s so the passed in got a 6-2 many wonderful bevote, with Coun.stories Earl Colcause alwaysatells her bourneshe declaring conflict stories at Parks Canada in of interest and excusing Churchill andcouncil I’ve always himself from chamhounded ‘Please, just bers for theher, debate and vote put it on tape, I will write it because he has a financial for you your story stake inbecause the company that is going to be lost,’ and she’s never done it and I thought,
‘Oh, I’m just as bad, right?’ I have all these stories and Iwas need to capture them for awarded the lease. myOne grandchildren of those who really voted because theyresolution will be lost if against the was I don’t.” Coun. Duncan Wong, who She also hasabout a reputation had questions whethas a storyteller er his fellow herself. councillor “I in had such a varied hiswas a conflict of interest tory and I would tell people position. stories theyColbourne would go, “Didand Coun. ‘That’s not true, is it?’part I’d go, ever declare this as of ‘Yeah it’s true.’because They’d this go, his investment ‘You didn’tisdo all that, did company registered 20 you? You’ve got be really years ago?” askedtoWong, reold.’ I was like, ‘No, actually ferring to documents counIcillors did allfile that before was with CityI Hall 27,’ and they went ‘What?’” disclosing their assets and Looking back, some of business holdings. “I don’t those know experiences how we can are saythings that is she notindo not amight conflict myagain. opinion. “I did some pretty bizarreI With a good conscience, stuff likesupport fuel hauls into the can not this.” high at -35,” said CityArctic manager Anthony deMeulles. “It didn’t dawn McInnis said those docuon me until after. That wasby a ments are not examined very dangerous thing to do. Being on a plane full of fuel
was not a very safe thing to do but I jumped at it. I thought that was exciting city administration but are until the landed and available plane for other councilthey started throwing the lors or members of the pubfueltooff andby I realized, ‘Holy lic view appointment. cats, I was probably Following approval sitting of the on a bomb.’” agreement, Colbourne has thing that to Another file a new form disclosing spurred her was the this deal as oneon of his assets hard times facing Churchill and business itnerests, the since the Hudson city manager said.Bay Railway suspended operations Other councillors, with north of Gillam last the exception of thespring. Coun. “It used to be a really Chiew Chong, who voted thrivingthe large community against resolution, were and it’s just dwindled supportive of the down lease to such a small population agreement. now,” says. “WedeMeulles need that concession she’s not Joyce there in Though there,” said Coun. any longer, her parents and McIvor. herCoun. sisterLouis and other family Fitzpatrick members are. that, by said he wasstill satisfied “My cousin owns excluding himself from the the hardware store there,” she vote and declaring a conflict says. of interest, Colbourne had Because of that, deMeulles finds it hard to
swallow when people say that Churchill residents should find ensuredjust that thesomewhere deal was easier to live. above board to the satisfac“Toofsay, people tion city ‘Those administration choose to live government there. They and provincial should just leave,’officials. is quite municipal relations simplistic. It’s quite disre“I think the city manager spectful. were in the has done Ifhiswedue diligence same boata inlegal another area and got opinion Iand think we would scream personally I don’t feel about so why don’t they there’sthat a conflict,” he said. have option to do that? Onethe councillor questioned Iif think right nowtothey’re there was a way get out feeling like they’re pawns of the deal if the city felt in wasn’t a political game and that’s it receiving enough really sad from for them because revenue Gold TrailI think the people of ChurchLodge toward a new pool. ill “Is really want to thrive. there at any point They’ve built theirthe worlds that we can revisit lease there. Howif would wesatisfeel agreement we’re not if someone came to you and fied with what those net said, ‘I’m to profits aresorry, and you the have contrileave your home community butions that are being made and we’rea going to displace towards new aquatic fayou somewhere else Sandra and all cility?” asked Coun. your loved ones and your history is gone?’”
For all the harsh weather and the dangers of polar bears, deMeulles said if it Oberdorfer. had been viable she The operator willwould have have moved back to to provide regular Churchreports ill in a heartbeat. detailing the revenue being “I miss the shoreline, generated, McInnis said,I miss the rock, I miss the and the lease does include polar bears even though a termination clause. they’re dangerous and Apartvery from the question Iabout really miss the Hudson whether there was any Bay,” she says. “When I go way to ensure reasonable back home, standing the contributions were on being Hudson Bay looking out made towards buildingona the it just gives yousaid an newbay, pool, Oberdorfer incredible feelthe so she was sense. happyYou with small and you feel great.” agreement. Now that got “I think it’s she’s great that one her belt, therebook is an under organization or deMeulles says she may for try individual that’s looking to produceway another. a creative to support the “I have another book in aquatic facility,” she said. me,” she says. “It’sdo a darker “I think that we need story, more aboutopen personthat concession and al growth and struggles. it’s a great opportunity for in the next five years aMaybe partnership.” it’s something I’ll focus on doing.”