REMEMBERING SEAFOOD INDUSTRY PIONEER BRUCE WAREHAM
51st year, No. 2 Gregory Pittman, chair of the Alpine Development Alliance Corporation (ADAC). stacked against the high expense of running the resort, turned a profit.
In fact the financial statements for the ADAC, obtained by The Packet through an Access to Information request, show the resort has only turned a profit in two of the past 10 years; 2011 and 2017.
The resort was purchased by the Town of Clarenville in 2000, when the previous owners were planning to dismantle the equipment and sell it off.
The town’s annual budget includes money for the resort: $25,000 annually for operations, as well as a repayable annual loan.
Paul Tilley is chair of the town’s finance committee.
Pierre Mirault, manager of Clarenville’s White Hills resort.