Jul 28, 2021 More Questions than Answers for Stake Bank Caye Stake Bank and the Port of Magical Belize will face off in the Supreme Court on September thirtieth, following leave being granted earlier this week for Port Coral to file application for judicial review. But while that legal matter is several weeks away from being heard, News Five has been combing through an Environmental Compliance Plan for the Stake Bank project that was completed in August 2017. There is more information being revealed from our look at the twenty-two page document. Here is News Five’s Isani Cayetano.
Isani Cayetano, Reporting When ground was broken for construction to begin at Stake Bank in February 2019, developer Michael Feinstein did not foresee that another competitor would be seeking to build a similar cruise terminal less than twelve miles away. With permission being granted for the Port of Magical Belize to be built on the mainland not far from the Sibun River, the principals for both facilities have been locked in a legal battle. On Monday, Justice Lisa Shoman granted leave for Port Coral to file an application for judicial review to determine whether government acted lawfully in approving an Environmental Impact Assessment, as well as an Environmental Compliance Plan to Portico, the parent company for Port of Magical Belize.