The action that was recommend can be see below:
THAT Council accept the offer to purchase of approximately four (4) acres of industrial land to be purchased in the amount of $40,000.00 per acre in the Lucas Point Business & Industrial Park on Willmott Street from BevRij Packaging and Brock Street Brewing in trust for a corporation; and
FURTHER THAT Council authorize and endorse the preparation of by-law to be presented to Council for adoption at a Regular Council meeting to authorize the Mayor and Municipal Clerk to execute a Commercial Purchase and Sale Agreement with BevRij Packaging and Brock Street Brewing in trust for a corporation for the purchase of sale of land in Lucas Point Business Industrial Park. (Dodge Street, Cobourg).
The site plan will include approximately 65,000 ft2 of buildings over three separate structures.
The initial 12,000 ft2 building will be utilized for an additional beverage packaging production facility with the Cobourg site likely to have 25 to 35 employees once it is fully operational in the initial building. Brock Street Brewing does anticipate over 75 + jobs on a conservative estimate, and perhaps much higher over the entire site once all buildings are complete.
Read the memo from Brock St Brewing here.
Watch the virtual council meeting from 2:29:20 to 2:33:00 as council discusses the proposal.