RE­MEM­BER­ING SEAFOOD IN­DUS­TRY PIONEER BRUCE WARE­HAM

The Packet (Clarenville) - - Front page -

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.

MARK SQUIBB — THE PACKET MARK SQUIBB — THE PACKET

Pierre Mi­rault, man­ager of Clarenville’s White Hills re­sort.

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.