ISSofBC and City conclude land lease agreement

After a long negotiation with the City concerning a ground lease and services agreement for the site, we are happy and relieved to declare that we now have a duly signed and registered with the land title office a land lease. ISSofBC is grateful to the City for this 60 year ground lease and service agreement. The land has been valued at over $3.4 million but with this agreement in place our cost is $1. Yes, you are reading it correctly, $1!! – less than the price of a Starbucks coffee.

ChrisAbout the Author:
Chris Friesen has been the ISSofBC Director of Settlement Services for over twenty years. He is currently leading the multi-year initiative to design and build a Metro Vancouver Regional Service Centre for Refugees. In spring 2016, this 58,000sf facility will become the first of its kind in the world, bringing together a variety of community and government services and organizations to meet the immediate needs of refugees and immigrants settling in BC. Learn more about the new Welcome House.

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