Province says ‘yes’ to Jumbo

 

In an announcement made from the legislature in Victoria on March 20th, Minister of Forests, Lands and Natural Resource Operations Steve Thomson confirmed that the provincial government has signed the resort’s Master Development Agreement.
This one of the final steps in a two-decade process that now gives the developer, Glacier Resorts Ltd., the green light to proceed with the project.
The Master Development Agreement the government signed contains all the terms and conditions under which the resort can be developed. It also outlines events of default, insurance requirements, fees to be paid, and terms of renewal.
“I made this decision after reviewing all the relevant, extensive documentation that is on this file, visiting the site and meeting with both First Nations and the proponent,” Minister Thomson said. “I recognize and respect there have been differing views on this project, but after more than 20 years of this extensive review and consultation, it was time to make a decision.”
The proposal to build the $450 million resort 55 kilometres west of Invermere was submitted to the government in 1991, and has since been tied up in what the ministry said is one of the most extensive project review processes they have ever engaged in.

After more than two decades of consideration, the Liberal government has given an approval that will allow Jumbo Glacier Resort to move ahead.

In an announcement made from the legislature in Victoria on March 20th, Minister of Forests, Lands and Natural Resource Operations Steve Thomson confirmed that the provincial government has signed the resort’s Master Development Agreement.

This one of the final steps in a two-decade process that now gives the developer, Glacier Resorts Ltd., the green light to proceed with the project.

The Master Development Agreement the government signed contains all the terms and conditions under which the resort can be developed. It also outlines events of default, insurance requirements, fees to be paid, and terms of renewal.

“I made this decision after reviewing all the relevant, extensive documentation that is on this file, visiting the site and meeting with both First Nations and the proponent,” Minister Thomson said. “I recognize and respect there have been differing views on this project, but after more than 20 years of this extensive review and consultation, it was time to make a decision.”

The proposal to build the $450 million resort 55 kilometres west of Invermere was submitted to the government in 1991, and has since been tied up in what the ministry said is one of the most extensive project review processes they have ever engaged in.

 

Click here to continue reading this article on the Columbia Valley Pioneer.