Millennium Place’s future in jeopardy 

Whistler Interfaith Society not happy with proposed lease; decision must be made by Sept. 22

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The WIS — once called the Whistler’s Skier’s Chapel Society — acquired the land in the early 1980s from the province.

Construction on the facility began in the late ’90s, and Millennium Place opened in May 2001. But WIS was not able to raise enough funds to cover construction costs and the RMOW agreed to provide a guaranteed loan for the purposes of reducing interest costs on the loan.

In 2005, the RMOW took over the debt payments, which are approximately $132,000 a year. To date, the North Shore Credit Union has not been repaid any principal.

In 2007, the plan to transfer ownership was developed. RMOW would pay off the loan from the credit union and provide an option for WIS to purchase the property back, for the price of the layout plus interest, for five years.

The proposed agreement would also allow WIS access to the building for religious celebrations, and the Millennium Place Society to continue operating the facility.

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