TWC Enterprises Ltd T.TWC

Write a letter re Glen Abbey.

[undervalue]

Hi everyone, the nimby forces have been e mailing the Premier and the ministers, including Steve Clark requesting a MZO.
As shareholders, we have the most at stake.
Below is what I sent yesterday.
I suggest that we articulate our position. We have a duty as stakeholders.
Please use your own words. They matter.


Dear Premier Ford.
I would like to suggest an opposing view than that of the Oakville Council, and the Halton Region Council regarding the Glen Abbey Golf course.
A MZO, suggested my both council’s and the local MP,  to lock in the land use as a perpetual heritage golf course will be damaging to the Province in a number of ways.
Clublink , the owner of the lands is part of a public entity, TWC.
TWC trades on the Toronto Stock exchange, and I own some shares.
For close to 6 years, Clublink has tried to develop a portion of the lands for housing. Their plans include a permanent dedication of the valley lands on 16 mile creek as a park.
Those lands exceed 50% of the property.
The table lands which are the subject of a long running land use argument are well within the urban boundary. They have services nearby. The development of the lands will provide much needed housing options, without urban sprawl. They fit in my opinion, the Provincial mandate of transit oriented urban land use intensification.
The development proposal has been litigated at the Superior Court, the Ontario Court of Appeal, and will be the subject of a LPAT hearing starting in August.
Rather than follow the process that the courts have determined as the legal path, it appears that both the Town and the Region have essentially decided to end run the LPAT process and have made the pitch of using a MZO to the minister.
If the MZO is granted, in my opinion, it will force a perpetual land use,  It will sterilize the development potential of the land,  and in effect be close to an expropriation of shareholder value without compensation.
Further, it will send a message to the development industry that property rights run second to anti development political will.  That the long defined fair process is not worth following,  just ask for a MZO.
It will be a terrible precedent.
I urge you and the Cabinet to speak with all parties including Clublink and the building industry prior to making a decision. 

The e mail address to use.
'[e-mail]'
'[e-mail]'

[SourJoe9]

good info

[tkirk62]

Too little too late unfortunately - for shareholders, for Oakville residents, for anyone in Ontario looking for a home, really for everyone but a couple hundred golfers