Settlement Reached with Province for Wesleyville Lands Purchase
The Municipality of Port Hope and the Province have amicably settled all matters arising out of the termination of the Agreement of Purchase and Sale with respect to the lands located at 2655 Lakeshore Road (Wesleyville) in the Municipality of Port Hope.
“We look forward to having further discussions with the Province related to this property and the potential it has for our community and Northumberland County,” states Bob Sanderson, Mayor of the Municipality of Port Hope.
Per the terms of the agreement, the Municipality will not be providing further comment at this time.
Background
The Municipality of Port Hope and Ontario Power Generation entered into a purchase agreement in February 2022 to buy more than 1300 acres of land in the area of Port Hope known as Wesleyville. In March 2022, the Municipality received notice from the Province that stopped the sale of the Wesleyville lands from proceeding.