City extends brew pub's purchase option
The City of Terrace has extended the Skeena Brewing Company Ltd.’s option to purchase a portion of the former Co-op property for an additional six months, announced the city April 24.
The Skeena Brewing Company, which signed the option agreement with the city April 25, 2012 intends to purchase the northwest corner of the property, close to the Western Financial Group and Staples, to construct a micro-brewery and pub..
The signed agreement last year came along with a deposit by the company on the purchase price of the lot, which is $96,000.
The company is a group of local investors: Greg Linton, president and co-founder of the company, Will Spat and Julien Rice.