Foulidis blames financial struggles for Cara deal - News Summed Up

Foulidis blames financial struggles for Cara deal


City council voted in 2007, despite a city staff recommendation to issue a tender, to give Tuggs a 20-year extension. February 2007: City council votes 21-14, over the advice of staff, in favour of a 20-year lease extension. June 2010: City council votes not to reopen the lease agreement with Foulidis’s Tuggs Inc. even though the 2007 lease extension was not signed while Foulidis sought better terms. October 2010: The controversial sole-sourced Tuggs lease becomes a Ward 32 campaign issue in the 2010 municipal election. July 1, 2016: Carters Landing restaurant, part of the huge Cara company, opens in Paralia’s spot.


Source: thestar October 01, 2016 00:56 UTC



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