From Exxon of course, if after a year it is still interested in Lot 444. I don’t recall the exact amount, but I believe that Jabber63 is at least generally correct in saying that it is $10 million. To fact-check that would require some research.
The City has released that information, but their communications tend to be scattered, piecemeal and at times difficult to decrypt. There have been reports in Northern View, whose coverage of civic politics has become rather sparse in recent months, and North Coast Review provides a recap and commentary on every council meeting with links to source information.
The City’s communications are quite weak, which is not surprising as a small municipality dealing with some big issues. The City would do well to follow the example of big government by issuing media releases that provide financial details in summary form.
The agreement with Exxon, for instance, is modeled on the Province’s agreements with Aurora and Woodside for Grassy Point. Here is a link to the media release on the Aurora agreement: < newsroom.gov.bc.ca/2013/11/a … point.html >.
Underneath the usual comments about how great and awesome everything is, there is a bullet form summary of the main financial details and other terms of the agreement. That kind of information is generally lacking from the City’s communications. There isn’t a media release on the civic web site that sets out the highlights of the agreement with Exxon.
That reflects a generic problem. For instance, there was a media release last year on the PILT settlement with the Port, but it did not report the central issue, which is how much money the Port was to pay the City and when: < princerupert.ca/node/263 >. That was reported in bits and pieces elsewhere, which is an odd way of doing things.
Similarly, there was a media release about the exclusivity agreement between the City and Watson Island LNG Corporation: < princerupert.ca/node/237 > which for reasons unknown did not report the financial terms. According to Court filings, which are public documents, WILNG was to pay $500,000 from August to end of December, when the agreement expired.
As discussed on another thread, details about financing for the Cow Bay marina are similarly lacking. Apparently the City wishes to respect the wishes of its partners, which is understandable up to a point, but all of the public entities mentioned in that story are subject to public disclosure requirements under federal or provincial legislation.
At the risk of inviting a fusillade of abusive remarks and childish cartoons and photo montages, that the Mayor’s personal Facebook page has become a leading news source says to me that while there is concern in some quarters about improving communications, not everybody in City hall is on board with that objective. Councillor Mirau was probably on the right track when he suggested that the City needs to have a communications officer, at least during periods of high activity.