- Details
-
Latest
-
Thursday, 06 September 2012 02:30
-
By caribarena news
Antigua St. John’s - Cabinet has begun hearing the Barbuda Council’s arguments on the contentious Gravenor Bay development.
It met with a six-member council delegation about two weeks ago and is due to convene further talks next week Tuesday on the US $100 million project that would encompass 987 acres on the sister isle's southeastern coast.
Council member Dorcas Beazer Williams was absent from the meeting.
Caribarena has learned that Cabinet had given the council an extra week to provide additional information to support its case that the preconditions given to the investor Stanhope Shepherd International Limited were too stringent.
Cabinet had stipulated that the developer put US $5 million upfront in an escrow account and that there be a US $75 million performance bond two years after construction.
Opposition member on the council Arthur Nibbs, who was part of the delegation that met with Cabinet, said the body met the one-week deadline and is now awaiting next week’s meeting.
“Due to the fact that they had the Wadadli Power Plant Tour and Minister Lovell being overseas we could not meet, so I’m hoping we can tie up something next week,” he said.
“I think they were very attentive. They listened to us and the prime minister agreed that both conditions were sort of unreasonable that is why he led the cabinet to give us further time to come back to them to convince them.”
The project includes an 18-hole golf course, two marinas and a five-star hotel and restaurant.
24 Comments In This Article
don't get it
Devorn
A white elephant is no good
Mountie
Performance Clause
Jimmy
They want to own you.
Quote:That was a really cynical attempt to buy favor, and insulting to the people of Barbuda - like you can buy their opinion for a pile of candy. Nobody grudges kids some candy, but what they were trying to do was obvious, it was just gross. Stand firm, people of Barbuda - first they try to coax you, then they try to buy you. They may finish by insulting you if you reject them, but it doesn't matter - if you let them in, they'll own you.
Liz
Impartial?
Who would accuse everyone criticizing this proposal of being 'negative and jellous' ?
Who would boast of '...the fathers super hot girl friend..' ?
Who but the man himself?
Veritas
To Impartial
you ask "WHAT ARE YOU DOING FOR ANTIGUA?"
Answer is following the law for a start! Oh and lets not forget paying taxes!
And then there is reading facts and offering opinions which might help the people of Barbuda. And probably lots more!
Not feeding candy and balloons to the children of Barbuda in a dirty attempt to buy favour (see old cover of Observer), breaking the law and not paying our way for duties owed!
Try that for an answer.
Hugh
Right development good, wrong development bad - easy.
I'm for the right development in the right place (like finishing Jolly Harbour). I wish them the best for the fish and chip bus. But ambition isn't enough with a project this big -you need experience they don't have. In fact, their previous is negative, see below re. Harbour View.
Just compare them to the 25 year established company building Christophe Harbour in St Kitts www.christopheharbour.com/ - that's what's needed. Don't tell me - 'ya gotta start someplace' - you don't start with a critical 1000 acres. And that's even if such a project was right for Barbuda, Setting up to sell passports as a sales pitch is a catastrophe in the making in it's own right.
Impartial said:
Quote:My friend, the depth of your analysis of this situation takes my breath away - I congratulate the lady, and hope they have lots of leisure time together, when this development is turned down.
Liz
RE: Progress on Gravenor Bay Stalemate
This is my question to all you negative and jellous people out there
WHAT ARE YOU DOING for ANTIGUA?
How many of you have started a new business venture in the last year or are you all sitting on your piles of money with nothing to do but critisise ?
Oh one other thing, have you seen the fathers super hot girl friend?
Clearly they are doing something right!
Impartial
It doesn't add up...
By comparison Stanhope Shepherd did not do even a environmental **sment on their plan to build 300+ densely packed units on a scrap of land at Harbour Island, Jolly Harbour, - which is facing a judicial review of the planning decision. Detractors say that which was made with suspicious speed (3 days !), and due process was not followed.
Mountie
Think about this
Concerned Citizen
This is a no brainer fail!
No sirree, sure can't see nothing to worry about in this proposal then
Southern Man
Pride come before a fall
David
Babylon come to Barbuda
Aaron
And they get tax free
Elizabeth
So what do Barbudans think?
www.barbudaful.net/jickys-latest-news.html
...30th July 2012 article - a very simple, straightforward , and compelling argument against. See also 7th July article about the defunct and decaying K club hotel, for an example of what happens when foreign investors walk away.
Taff
Think before you leap
Antigua Concerned
This is wrong
OMG
Massa's Functionaries
The Truth
A Fairy tale
Concerned citizen
Anyone for fish and chips?
Swampy
Brown envelope?
Antigua me barn
Why build this now?
Meena Like
Where will the profits go?
James
Show us the money
Warren
RSS