St. John’s City Council announced yesterday that they’ve received the KPMG report into the potential sale of Mile One, but it won’t be released publicly for three more weeks.

The Board of St.John’s and Sports Entertainment completed its own review of the consultant’s report on January 21.

City council is now waiting to be briefed by KPMG on the report before making it public.

Councilor Jamie Korab says it’s necessary to review the report for council to get a full understanding of the situation before making a decision.

He says the report has brought a lot of things to light council wouldn’t normally consider and it will help them through the process.

After the briefing, the report and its recommendations will be discussed in council and will then be shared online through the city’s website.

Earlier Story

It will be about three more weeks before St. John’s city council publicly releases the KPMG report into the potential sale of Mile One centre.

The Board of St. John’s Sports and Entertainment completed its review of the consultant’s report on January 21 and forwarded its recommendations to council.

City council has since requested an opportunity to be briefed by the consultants, which is now being scheduled.

After the briefing, the report and its recommendations will be discussed in council. It will then be shared online through the city’s website.

In a release issued today the city says barring unforeseen circumstances, the report will be made public within the next three weeks.