Winnipeg Free Press - ONLINE EDITION
Posted: 11/20/2012 3:15 PM | Comments: 0
Last Modified: 11/20/2012 5:12 PM | Updates
A Manitoba Queen’s Bench court has approved the sale of the Hecla Resort to Lakeview Management.
The Lake Winnipeg resort has been closed and in receivership for two years now and while there may be a new owner approved by the court, there are still some hurdles that will have to be overcome before it can reopen.
For starters Lakeview must negotiate a land lease with the province. The resort is located in the Hecla/Grindstone Provincial Park. There is also plenty of repairs required to get the property into shape.
"We’re up for the challenge," said Lakeview’s Keith Levit.
Lakeview also owns the Lakeview Resort and Conference Centre in Gimli.
"We believe the synergies (between the Gimli and Hecla properties) will be significant," Levit said.
Lakeview hopes to have the deal closed by mid-December and have the resort up and running again by April.
The details of Lakeview’s offer have been sealed, but according to the most recent receivers reports, the offer is likely below $3.1 million.
That was the value of the offer made by Ian Rabb in his efforts to but the property from the receiver. Rabb’s plan was to establish an addictions treatment centre but was rejected by the province.
The resort’s 18-hole golf course continued to operate this year even though its pro shop was vandalized and destroyed by fire. That, as well as burst pipes in the resort, caused a total of $500,000 damage this year alone.
Updated on Tuesday, November 20, 2012 at 5:12 PM CST: Corrects spelling of Hecla/Grindstone
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Expect lots of new faces on Winnipeg school boards
Harbouring runaway stymies CFS
Rally to shed light on African Ebola epidemic
Extra blast of summer-like weather headed our way
Candidates offer food for thought
For some, hopes of running for mayor are dead
Searchers find bones near river
One journey ends, another begins
New, not necessarily exciting
Around City Hall
Honorary street-name designation for Shevchenko to last 200 years
Judy W-L vows to help spur ideas
Tearful witness describes boyfriend's brutal slaying
Code doesn't wash with city committee
Wyatt rejoins race, abandons federal bid
Suspect charged in 13-year-old case
A fond farewell to my buddy, Dale
Muskox makes rare appearance in Manitoba
Dressing-room issue may be examined here
Rally to urge more help in Ebola fight
Solemn ceremony commemorates soldiers' service in Afghanistan
Super pharmacists ease doctors' burden