The Town of The Pas held a special meeting of council this morning in order to vote on a resolution regarding the Tolko situation.
Mayor and Council voted and passed 5-0, a resolution to provide financial aid in the form of 3 years of tax relief to a potential buyer of the mill.
Mayor Jim Scott says “we’ve designed a resolution that we’ve passed this morning that will allow us to go forward and do two things. Number one, let the potential purchaser know that we’re in. Number two, allows us to develop a bylaw and give it the three readings required.”
“They signed a letter of intent last Friday. Meetings with Government began on Saturday and continued through Sunday. They also met with the union on Monday, and Council on Tuesday, I just cannot believe how fast things are moving.” Scott said.
No word on who the potential buyer is but a letter of intent to purchase Tolko operations in The Pas was signed last Friday.
The 3 year Tax relief was the only request from the buyer to the town.
Councilors Andrew Forward and Margaret Commodore abstained from the vote due to conflict of interest.