Facts: The City of Winnipeg filed a lawsuit against Earl's Holdings (Main Street) Ltd. regarding a property development dispute. The issue centered on whether Earl's Holdings met their development obligations under an agreement with the city, which included a reversionary interest clause allowing the city to reclaim the property if development criteria were not met.

Issue: The primary legal question was whether Earl's Holdings fulfilled their contractual development obligations within the specified timeframe, and if not, whether the City of Winnipeg had the right to enforce the reversionary interest clause.

Court's Ruling: The court ruled in favor of the City of Winnipeg, finding that Earl's Holdings failed to meet the specified development obligations within the agreed timeframe. Consequently, the city was entitled to enforce the reversionary interest clause.

Costs/Damages Awarded: The document did not specify the exact amount of costs or damages awarded to the City of Winnipeg. For the precise figures, one would need to consult the detailed judgment or related legal documentation.