In a five up, five down decision, Mayor Don Atchison broke the tie between Saskatoon city councillors
to move forward with a purchase contract for one of Jack Grover’s properties at a higher price than the two parties originally agreed to. Approximately six weeks ago Jack Grover agreed to accept $104,000 for the house at 408 Avenue P South from an undisclosed buyer. Upon learning that the City was the buyer Grover claimed that the deal was not done in good faith and threatened to withdraw from the agreement unless the City agreed to a higher price of $119,000.
City administrators recommended that council agree to the higher price to avoid the costs of litigation, as well as the time that could be lost to such an action.
Apparently the Avenue P house was the last holdout on land that has been set aside for an affordable housing project as part of the Pleasant Hillrevitalization project.
Some things are worth paying for.
Star Phoenix story here.
Pleasant Hill Revitalization Project Blog here.
Pleasant Hill Local Area Plan here.
I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call or email.
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