The
City of Port Alberni and Catalyst Paper are moving forward with key strategic
initiatives after reaching an agreement-in-principle for the purchase of the
company's wastewater treatment facility and additional lands.
The
agreement, valued at $5.75 million consists of two parts: acquisition of the
13.4 hectare wastewater treatment facility located across the Alberni Inlet and
secondly, 3.9 hectares of land combined with a road dedication (part of the
Redford Street extension arrangement) to facilitate the development of an
industrial truck route along the waterfront.
