Wellington North's Foodland development has hit a snag after council unanimously opposed a cost-sharing agreement presented after the Canada Day long weekend.

Per a report, council allocated $525,500 as their contribution towards the installation of a signalized intersection at Main Street North and Mount Forest Drive.

$123,000 was to be collected from Canadian Tire and $402,500 of Township funds. The total cost estimate to construct the intersection was $928,000.

Crombie Property Holdings, the developers of the project, were seeking a cost-sharing agreement, hoping for over $600,000 each from both the township and themselves.

But council was wary. Coun. Sherry Burke was very opposed, claiming council must watch out for the best interest of the Township’s residents and their taxpaying dollars.

"I believe that the cost of doing business continues to increase. We see it every day with our projects, and I don't support spending any more money. It comes from our taxpayers and it's the price of doing business," Burke explained.

Despite most council members' agreement with Burke, Mayor Andy Lennox said he’s still holding out hope something can be made happen.

"Council at this stage has decided not to make an additional contribution. I don't know where that leaves (the developers) but certainly our door remains open as this project moves forward," Lennox said.

"We certainly would like to see it move forward and I hope we can make this work and get on with it as it's in everybody's interest to do so," he added.

Crombie says they will have to re-evaluate, after the rejection of the increase, up from their original contribution amount of $400,000.

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