The
City of Alberni's purchase of Catalyst's wastewater treatment facility and
additional lands completed as scheduled on September 30 th, 2013 in accordance
with the formal agreements endorsed by Council for the City and Catalyst. To
mark the successful close of the transaction the presentation of a cheque
representing the initial payment of $5 million will be presented by Mayor John
Douglas to Catalyst CEO Joe Nemeth , at Port Alberni's Catalyst mill site on
October 2 nd, 2013. The remaining $750,000 will be payable on the first
anniversary of the closing date.
