NCC moves to terminate RendezVous LeBreton’s bid for redevelopment

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By CTV News Ottawa, December 19, 2018

The National Capital Commission (NCC) says it is moving to scrap its deal with RendezVous LeBreton, the preferred proponent to redevelop LeBreton Flats.

The NCC said the Board of Directors has decided to “terminate the preferred proponent term sheet” that was signed in January 2018 between RendezVous LeBreton and the NCC.

“Termination is effective 30 days following the issuance of the notice to this effect,” the NCC said in a news release.

It went on to say that the board is “making sure that it is in a position to move quickly to maintain momentum on this important project” and that “termination of the term sheet will allow the NCC to proceed with the next steps in the redevelopment process at its next public board meeting in January.”

https://ottawa.ctvnews.ca/ncc-moves-to-terminate-rendezvous-lebreton-s-bid-for-redevelopment-1.4224967