Tuesday, April 2, 2013

Housing Lots Sale Sorted Out

Details how the town of Fort Frances will sell off lots in the proposed Huffman School subdivision are being sorted out.

Development costs will come in at about $912-thousand with some project components being delayed for now.

Town Planner Faye Flatt says a massaging of the numbers brings lot prices to between $50-thousand and $82-thousand, depending on size and location.

The town is considering a lottery to sell off the lots, but Councillor Paul Ryan prefers accepting seal bids in hopes of maximizing the financial benefit to the town.