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Canyon deal meeting delayed

A joint council meeting to consider the deal to buy the Canyon Ski and Recreation Area has been postponed.

A joint council meeting to consider the deal to buy the Canyon Ski and Recreation Area has been postponed.

The meeting was set for June 23, but councils for Red Deer County and the City of Red Deer will now wait until July 7 to discuss the purchase.

Nancy Lougheed, the county’s legislative services manager, said the meeting was delayed to give staff more time to finish the report on the proposed deal.

The county and city announced in April a conditional offer had been made to buy the 240-acre property. A 90-day period was set aside to undertake engineering, environmental, and occupational health and safety inspections among other reviews.

The sale price has not been revealed, but the property had been previously listed for sale at $3.1 million.

The county has already set aside $815,000 towards the purchase of the facility.

Both municipalities are also applying for $500,000 each under a newly announced federal Recreation Infrastructure Canada Program.