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THUNDER BAY — A controversial proposal to sell a city-owned mobile home park remains on the table after city council voted to receive more information on the issue.
“This is affordable housing, a safe community, and makes a profit annually for the city. Each year, the six-figure profits from Hillcourt help pay for other city programs, therefore helping all tax payers.” “We’re making over $170,000 a year, so if any private developer would come in, I imagine they would maintain their asset the same way we would,” he said.
“Vestavale is privately owned, and they’re maintained nicely,” she said. “Most investors don’t want to disturb their existing tenants… because then you have issues with the Landlord Tenant Act.”Coun. Shelby Ch’ng asked “what would be stopping a developer from… removing all of their homes, subdividing it, and then selling it off?”
Regardless of the financial questions, some councillors argued the city simply shouldn’t be “in the landlord business.”
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