City Adds Additional Parcel to Linley Valley Park

NEWS RELEASE - Distributed June 2, 2014 9:13 AM

Summary

The City of Nanaimo has added an additional parcel to the future Linley Valley park. The City has entered into an Option to Purchase Agreement with the owner of 3650 Cottleview Drive. The majority of this 2.4 ha 6.0 acre parcel will be transferred to the City for $1, in exchange for the City facilitating two 600m2 lots on Cottleview Drive. The remainder of the parcel will be transferred to the City as dedicated park. The City will pay for survey costs and the associated development cost charge (DCC) fees. Total cost of the acquisition is anticipated to be around $40,000. The property is anticipated to transfer to the City by the end of the 2014.

Link to Strategic Plan: The purchase of land in Linley Valley supports "Environmental Responsibility" which is one of the priorities identified in the Corporate Strategic Plan

Key Points

The addition of this 2.4ha (6.0 acre) parcel is adjacent to the proposed park acquisition at 3842 Stronach Drive.
This acquisition adds an additional 2.4 ha (6.0 acres) of land to the proposed Linley Valley Park. The total amount of land to be added to the existing Linley Valley Cottle Lake Park is 227 acres.

Quotes

"This additional parcel of land was identified in our initial acquisition program and we are pleased to announce it publicly as part of the wider package."

John Ruttan

Mayor

City of Nanaimo

Images

Updated Linley Valley Parkland Acquisition Program

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Contact:

Bill Corsan

Manager of Real Estate

City of Nanaimo

250 755 4426

bill.corsan@nanaimo.ca

Richard Harding

Director of Parks, Recreation and Environment

City of Nanaimo

250.755 7516

richard.harding@nanaimo.ca

Print News Release

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