News

Port Hood RV Co-operative Ltd of Port Hood, NS, has launched a third share offering under the provinces community economic development investment fund (CEDIF). It wants to further develop its recreational vehicle park and facilities.

The investment fund gives Nova Scotia investors a 30 per cent, non-refundable tax credit against Nova Scotia taxes paid or payable and RRSP eligibility. The co-operative spokesperson Joe Morris says it hopes to raise a minimum of $70,000 to develop a water playground area that would include an adult swimming pool, a hot tub and wading pool for children. Plans are to have the facility open in June. The cost is estimated at $150,000 and the co-operative has saved $80,000 from previous offerings. The co-op has already raised $750,000 for Sunset Sands RV Park in two previous offerings.

The park, which opened in May 2008, has 55 fully serviced RV lots, two large RVs available for rent, playground, and laundry and washroom building. The park is next to a beach area and the Al MacInnis Sports Centre. If the offering goes well, the plan is further expansion with 25 more serviced lots. Long range plans includes construction of 10 cottages, 10 tenting sites and additional RV sites. For further information check out the Web site at www.sunsetsands.ca or e-mail: info@sunsetsands.ca