SEGUIN TWP. – A deal that would have Anishinabek Nation purchase the Seguin Valley Golf and Country Club and adjacent land could close in less than two weeks.
According to one of the business’ owners, Ron Dennis, the property has been on sale since the spring and has been under the ownership of executives since July 2004 when owner Bob McRae passed away.
A development agreement was created to purchase and develop over 1,700 acres of land and the existing golf course.
Called the Seguin Valley Land Assembly, the proposed initiative for the area includes parkland, residential property, commercial land, private lakes and the 18-hole course.
The agreement is being negotiated between the Anishinabek Nation and St. Clair Energy Inc.
Under the agreement, the Anishinabek Nation would establish a development/holding corporation that would direct the land assembly.
“This is only, still only, an opportunity at this point and is dependent on obtaining financing and closing the real estate deal,” said grand council chief John Beaucage in the July/August edition of Anishinabek News. “There is much potential in this cottage country property. The location is absolutely pristine, nestled in the Canadian Shield near Georgian Bay along the scenic Seguin Trail. The possibilities are endless.”