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Ontario company awaiting price on Orangeville rail line | Orangeville Citizen

February 18, 2021 ·
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By Sam Odrowski
Interested buyer of Orangeville’s rail line, Municipal Transit Solutions (MTS), is still awaiting the asset’s price to make an offer since first meeting with Town staff late last month.
Three weeks after the meeting, the Town of Orangeville told Municipal Transit Solutions CEO Steve Ostrowski that the Orangeville Railway Development Corporation (ORDC) has put out a Request For Proposal (RFP) to assist in the consultation and sale of some of the land parcels of the rail line. Until that process is complete, the Town won’t be accepting any offers.
“There are some real estate assets that the Orangeville Railway Development Corporation owns that are part of the railway corridor, specifically rail lands in Brampton and rail lands in Orangeville, and there’s a little bit in Alton as well,” said Mayor Sandy Brown. ....

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