Regina Leader-Post

A TIMELINE OF THE GTH LAND DEALS

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The provincial auditor said Thursday she found no evidence of conflict of interest with Minister Bill Boyd’s involvemen­t with Global Transporta­tion Hub land transactio­ns. Here’s a look back at how the dealings took place. September 2010-April 2011: Ministry of Highways buys land near GTH for $9,000-$11,000 an acre, including some from a Catholic order of nuns. November 2011: The GTH identifies need to acquire 204 acres of land east of Regina. March 2012: The GTH board approves its 2012-13 business plan, which includes financial plan to purchase the 204 acres and another parcel of land for $2.2 million. March 2012: Robert Taupaff buys a portion of the 204 acres of land, for $45,000-$55,000 an acre. Taupaff’s family rents farm land from Boyd, the minister responsibl­e for GTH. April 2012: Provincial cabinet directs the GTH to buy the land. The auditor’s report shows this same month the government got an unsolicite­d call from an unidentifi­ed third party business about selling the 204 acres of land for $65,000 an acre. June 2012: A GTH-commission­ed land appraisal for the land shows its total value is $3.65 million — or $17,000 an acre. September-October 2012: The GTH decides not to proceed with buying the land and allow the Ministry of Highways to acquire it instead. November 2012: The GTH enters into a contract with a commercial realtor to immediatel­y pursue purchasing the land and asks the government for permission to do so. The same month, the Crown corporatio­n signs a conditiona­l agreement with the unidentifi­ed third party to buy a portion of the 204 acres for $78,000 per acre. December 2012: Conditions for the purchase agreement to buy the parcels of land aren’t met and the offer expires. February 2013: Although unidentifi­ed by the auditor, it appears Tapauff buys more of the land and then sells it to another company, believed to be owned by Anthony Marquart, at an increased price. July 2013: Boyd and GTH management express in writing the government’s interest in buying the land from Marquart. August 2013: A land agent to help buy the land is hired by the GTH. October 2013: The Ministry of Highways and the GTH do appraisals on the 204 acres of Marquart’s land. It is appraised at $12 million, or around $59,000 an acre. November 2013: Boyd asks one his senior advisers to see if Marquart’s company is interested in selling the land. December 2013: Boyd recommends to the GTH that the government buy the land for $21.4 million — at $103,000 per acre — and sell surplus land to the GTH. Cabinet authorizes the GTH to buy the 204 acres for $21.4 million. March 2014: The GTH’s purchase of the land is closed. It then sells 58 acres to the Ministry of Highways for $2.9 million, at an average cost of $50,000 per acre. February 2016: Premier Brad Wall asks provincial auditor Judy Ferguson to look into the GTH land acquisitio­n process. Boyd maintains he did nothing wrong and said the transactio­ns were “about as reasonable a deal as we could possibly get, given the way land has appreciate­d and has continued to appreciate out there.” It’s revealed the conflict of commission­er concluded there was no conflict by Boyd. June 30, 2016: The provincial auditor report finds no evidence of fraud, wrongdoing, or conflict of interest among the GTH board of directors or GTH management.

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