TWC Enterprises Ltd T.TWC

Politics

[undervalue]

The Ontario government is going to remove land use jurisdiction from regional governments in the Gta.
The impact is significant. 
Halton Region being dominated by Oakville and Burlington council members routinely blocked planning wishes of the smaller Milton.
The Head of Halton, Carr was front and center on the Mzo request for Glen Abbey.
Burton and his minions stopped Rattlesnake in the misguided notion Glen Abbey must house the Canadian Open. 
Milton has long wanted Rattlesnake in the city boundaries. 
Oakville etc. Blocked it as urban sprawl. 
This is significant.  Any course that is not in the Greenbelt with a willing City is in play. Rattlesnake is a big course.
The mgt. Needs to move quickly when the gates fall.
This really is a big tailwind.

[undervalue]

In a follow up, ROPA 49 was amended by the Province on Nov 4, this is a final ruling. The Map shows in red, a Significant amount of Rattlesnake is now Urban. This unrisked land could be worth as much as Glen Abbey. The land assembly is 500 acres. As usual, no report from the Company. The story and map. https://oakvillenews.org/news/province-orders-halton-to-expand-urban-boundary/ The Order from

[undervalue]

I listened in to the Halton Regional Council meeting from Nov 9. The slide presentation that has the land use change maps starts at the 33 to 35 min mark. Page six covers Rattlesnake at around minute 37.5.  They have included employment along the Highway 25 frontage. Council is miffed, but, have little to do. They are losing their powers. The history of this is that the Regional council is

[Charley33]

Thank you for sharing, this could be major for TWC. This is coherent with this (from last summer) : https://edmweb.halton.ca/OnBaseAgendaOnline/Documents/ViewDocument/ClubLink%20Formal%20Comments%20on%20Growth%20Concepts%20-%20June%204%202021.pdf.pdf?meetingId=4220&documentType=Agenda&itemId=119661&publishId=69503&isSection=false

[undervalue]

Thanks for my end. 392 acres is huge.. This map looks very close to the Ministry map. I would guess that 1 million an acre is bargin basement prices. That  392 million covers the current market price, with the cash,  APR shares and the balance of the Golf Portfolio for free.