Leaseholders of the RV resort along the south shore of Buffalo Lake have been dealt another blow.
Foreclosure was “One of the options being investigated” by the developer when complications arose around an amendment to increase the density of the park, said Niki Thorsteinsson, the County of Stettler’s communications director.
She said the county has not officially been informed of a foreclosure, or the details of what it would mean for leaseholders at the lake, 25 minites northwest of Stettler.
“Earlier in the spring, we noticed unofficial information circulating on social media regarding the foreclosure,” Thorsteinsson said.
“Last fall, the developer indicated they could not operate the former Paradise Shores property with the reduced density of 168 units.
“The developer never stated they were considering foreclosure, as we were still working towards trying to increase the density of the site to 325 units; however, as business people, we understood foreclosure would be a possibility,” she added.
Leaseholders notified the province of their frustrations regarding the dispute that arose last February between the County of Stettler, the Summer Village of White Sands and the Summer Village of Rochon Sands after the amendment to the Buffalo Lake South Shore Intermunicipal Development Plan, which would allow for the increase of density, was shot down.
In a response letter to a leaseholder, dated June 29, Municipal Affairs Minister Kaycee Madu expressed sympathy regarding the situation, but stated land use planning is up to the municipalities.
Many leased sites have not been utilized for two summers after a stop-work order caused the removal of RVs.