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700/1000 Series
Housing Negotiations Concluded
Press Release - October 26, 2001

The Argentia Management Authority is pleased to announce that negotiations have been successfully concluded with Public Works and Government Services Canada (PWGSC) regarding the 700/1000 series housing located in Argentia. Harvey Mercer, Chairperson of the AMA says "this project will provide much needed employment to those in the area who have been unable to find employment this year."

These negotiations have concluded almost two years of fairly intensive work that saw the complete assessment of the buildings, analysis of future potential for the housing units and negotiations with PWGSC for funding, by special committees of the AMA Board. These committees were assisted in their efforts by Argentia staff, engineers and others who concluded that due to the age and disrepair of the units the only available option was to remove the buildings from the site.

Mr. Mercer advises that the AMA will enter into an arrangement with the Placentia Area Development Association (PADA) to deconstruct the housing units in Argentia. He says "that with PADA's past record of maximizing job creation on short-term projects, the AMA visualizes maximum benefit for the local area."


For further information contact:
Harvey Mercer
227-2554

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