Letter to the editor 2, Sept. 15, 2016
The Auberge Willow Place Inn will close November 1 of this year, unless, of course, a White Knight comes galloping in to save it.
In order to ensure this happens and that the potential loss becomes a big cash cow for our little community, I have the following suggestion for council’s consideration.
[if !supportLists]· [endif]Make an offer to purchase the inn from the owner, Michel Poirier, as quickly as possible before the property is listed for sale.
[if !supportLists]· [endif]Take out a short term loan to finance the agreed purchase price.
[if !supportLists]· [endif]Set up a Board of Directors to oversee the operation of the inn. The board could possibly be made up of members of the council and/or town employees.
[if !supportLists]· [endif]Make an ‘Offer to Sell Shares’ to the public. Ex. For a purchase price of $2,000,000, I would suggest 20,000 shares be put up for sale at a minimum bid price of $100 per share. To reach enough potential buyers, it is suggested the Sale of Shares be publicized on internet and newspapers in Western Quebec and Eastern Ontario. The town may well realize a goodly profit from the sale (maybe even enough to finance Pine Lake recuperation!)
I’m pretty sure many local residents, myself included, would be interested in such an offer.