Should the Town of Cobourg buy the Brookside property?
That is being considered after a recent council meeting, Council received a memo from the Parks and Recreation Advisory Committee recommending that Council “consider making an attempt to acquire the Brookside property as a community benefit”.
Councillor Emily Chorley, Coordinator of Parks and Recreation Services, tells us more.
Chorley says it’s currently at a standstill as they wait to hear from the Province.
And if it was sold, for how much? Based a recent sale of Lucas Point Industrial Park of $40,000 per acre, the Province might sell the 70 acres to the town for $2.8 Million.