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City Council in Miramichi has voted to buy the Station Wharf Marina property and assets in the former town of Chatham for 44-thouand dollars.
The Leader reports … City manager Mike Noel told council … the assessed value of the land and assets is more than $200,000.
The current owner, Station Wharf Marina Inc., has an estimated $44,000 of debt.
He told council … the chance of turning that over to a private party and having that become potentially an eyesore or something council can’t control on that part of Waterford Green did not seem to be worth it.”
The property being acquired runs from the newly rebuilt Station Wharf pier to the CN railway tracks, next to the former train station and nightclub site.