Comment 79525

By RenaissanceWatcher (registered) | Posted July 17, 2012 at 20:20:52

Joey Coleman’s blog reports that, on July 12, 2012, Hamilton city council, again without any discussion or questions, ratified the decision it made at its GIC Meeting on July 9, 2012 to grant/loan approximately $9.7 Million to Vrancor for its $36 Million Homewood Suites condo/hotel development. http://www.joeycoleman.ca/2012/07/city-c...

Meanwhile, there is some breaking news ahead of the Special GIC Meeting on HECFI scheduled tomorrow morning. Andrew Dreschel of the Hamilton Spectator reports that the AEG/Katz Group has withdrawn its bid while local entrepreneur Sonic Unyon is now partnering with the SMG/Forum Equity bid. http://www.thespec.com/news/local/articl...

Comment edited by RenaissanceWatcher on 2012-07-17 20:30:58

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