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McDonald resigns from long-term care home board
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Cassellholme to levy certain municipalities for redevelopment
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Councillors Mark King, Chris Mayne, Scott Robertson and George Maroosis voted to move the redevelopment project forward.
Mayne told council during a special committee meeting of council Thursday that East Ferris and Mattawa have also rejected the financing option presented by Cassellholme Home for the Aged.
Council heard it’s not just the provincial guarantee that has some of the nine member municipalities upset, but the high cost of the redevelopment project worth $121.9 million.
The nine municipalities include North Bay, East Ferris, Bonfield, Papineau-Cameron, Chisholm, Calvin, Mattawa, Mattawan and South Algonquin.
Cassellholme is slated to have a special meeting Friday which could see the Cassellholme Board levy the nine municipalities, forcing them to pay for the project.
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Municipal representatives met with the board for Cassellholme Home for the Aged Monday to discuss the redevelopment, a project that has proved divisive among certain municipalities over a requirement that they guarantee the full cost of the project, including the portion the province intends to provide.
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Try refreshing your browser. Deadline approaching for Cassellholme financing application Back to video
Although some wording around the guarantee has been changed, all indications suggest Infrastructure Ontario, which would provide the loan, will still require a full guarantee.
Cassellholme board chairman Chris Mayne, who serves as a North Bay city councillor, said Infrastructure Ontario needs the municipalities to indicate whether they agree with the proposed financing option so Cassellholme can submit its application by July 16.
Deadline approaching for Cassellholme financing application
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