9 Beaches lease agreed by Senators
A sub-lease agreement for the 9 Beaches resort was approved in the Senate this morning.
The lease agreement between the Bermuda Land Development Company Ltd and IRC-Sandy's Limited, will pave the way for an $80 million redevelopment at the resort.
The lease had previously been approved by the House of Assembly, but a vote on the lease in the Senate was delayed twice last year, and for a third time last week.
While Senator Cromwell Shakir said he felt like he was going through a ‘baptism of fire' over the lease, he said the delays demonstrated that the Senate was being careful and looking out for the public's best interest.
“We are here doing the people's business,” he said. “we have been handed a responsibility, and it is our job to make sure that we catch all those things that may not have been caught before.”
Bermudian gets Called to the Bar
Man, 23, charged with double murder
Heavy rain dampens water truckers’ trade
Small businesses praise credit initiative
Richards: We need foreign capital
Bioelectricity is the future for Bermuda
Gibbons gets tips in Sweden for World Series
Environmental impact ‘poorly assessed’
‘Anaemic’ recovery period under way
Sandys man charged with double murder
Public urged not to share crime footage
Teen ‘did not raise a hand’ to accused
Flooded landlord keeping wet weather at bay
Artemis granted permission to build base
Stopping teacher transfers a ‘lesser evil’
Campaign can dish it out but can’t take it
Take Our Poll