PICKERING: City bid to purchase Frenchman’s Bay is rejected

It is unfortunate that the City’s proposed bid for the purchase of Frenchman’s Bay was too low, TWICE. The City put in a second bid at a higher level when its first bid was rejected. The higher bid was rejected also.

The issue is likely one of realty or property greed as the city’s final bid was based on a proper appraisal of the property value at comparable market values.

For more details about this story, click KRISTEN CALLIS

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