The Spirit Bay project, first announced in 2013, was intended to foster business opportunities and jobs for Sc’ianew members and establish a tax base
A receiver has been appointed for Spirit Bay Developments, the First Nation company building a community of brightly coloured homes on Beecher Bay waterfront land in East Sooke.
B.C. Supreme Court Justice Margot Fleming has appointed Mark Wentzell of Grant Thornton LLP Canada as receiver for Spirit Bay. The Sc’ianew Nation said in statement Thursday that it did not want to “comment extensively on this matter,” citing “respect for the ongoing court proceedings and the receiver.”
The ownership structure is complex. Sc’ianew First Nation is a limited partner in Spirit Bay Developments and the sole shareholder of its general partner Beecher Bay GP Ltd. Cota said that since 2018, Scala has paid $478,000 to its material suppliers and sub-trades, despite not being paid by Spirit Bay.
An engineer estimated that a new sewage-treatment plant for both Spirit Bay and the nation would cost $16.9 million, she says in the documents.
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