Powell River Community Forest Investment

Millennium Park’s trees belong to the City of Powell River and its citizens. At a special announcement made Monday, May 4, Mayor Dave Formosa, flanked by Darshan Sihota, president of Island Timberlands, displayed a signed contract and a cheque drawn on the city’s First Credit Union account for $1,181,250. The Millennium Park forestlands and its trees now belong exclusively to the community. …“Today, we see the end of it,” Formosa said. “We came to a conclusion, with the help of the Powell River Community Forest, in evaluating the timber, agreeing what we could actually pay, and funding it. Here’s another win from our community forest.” Formosa said the agreement is one that not everybody is 100 per cent happy with, but the deal is done and the people of Powell River own the Millennium Park trees outright.