Proponents of the Garibaldi at Squamish four-season resort proposed for Brohm Ridge will have one more opportunity to satisfy the B.C. Assets and Lands Corporation that they can build the resort.
"We’ve asked Wolfgang (Richter) to identify a project manager and then for that manager to consolidate all the information," said BCAL’s Charles Littledale.
Richter has submitted "bits and pieces" but BCAL wants the whole project proposal brought together, gaps filled in and then the whole package resubmitted.
Littledale said BCAL is looking for three things from Richter’s Garibaldi Alpen:
• demonstrate it has the financial capacity to carry the project through the master plan and environmental certification processes;
• show it has a project team with the skills and ability to complete the plan;
• a debt management plan to deal with creditor liabilities.
"Because of the way discussions have gone parts of each element have been dealt with but we need a consolidated package," Littledale said.
Once a project manager has been appointed and the information consolidated, BCAL will decide whether it will reinstate Garibaldi Alpen’s interim agreement.
Garibaldi Alpen signed an interim agreement in February of 1997 after Richter’s group won the exclusive right to plan a four-season resort at Brohm Ridge, north of Squamish. The group was given four years to come up with a detailed plan that showed how it would meet environmental concerns and the requirements of the Commercial Alpine Ski Policy.
The interim agreement expired on Feb. 28 of this year but Garibaldi Alpen was granted a 60 day extension, to April 30. A package was submitted to BCAL the afternoon of April 30, which required some time to evaluate.
Financing has been an issue for the last two years. Richter is seeking a financial backer to complete environmental studies who would also have the ability to finance the resort’s development. Littledale was scheduled to meet the financier last month but the meeting was delayed following the terrorist attacks on Sept. 11.
Garibaldi Alpen has also been subject to law suits for monies owed.
