THE VOICE

April 8. 1988 News 985-2131

NORTH VANCOUVER District Council
Monday. at_an in-camera meeting

OF NORTH AND

rs ‘lassified 986-6222

will consider
a money shuffle to

allocate funds —. originally earmarked for other community
projects — to cover this year’s construction of the conten-

tious Braemar-Dempsey, | link.

- To fund -the North Vancouver
toad’ link, council, would have to

‘approve «a “revamped.-. 1988 land

development program for inclusion
in the | district’s 1988 _ capital
budget. - :
«Constructicn’ “of: ihe link was
approved by council in March.
0 A: report by land development
. committee chairman’ Fred Sigur-

“i jonsson “details. fand development,

program’ ‘fine tuning’? to provide
“the | $3,365, 000 needed by the
“district! to fund, subdivision work
and road con; Tuction’ planned to
‘start this yedtvin the Kilmer Creek
area

’ Three,
1988,

Pa
ee

J By MICHAEL BECKER
‘News Reporter

The 3,937-foot: long Braemar-
Dempsey link alone’ has | been
budgeted at-a cost of $2.5 million.
lots. are expected to’ be
developed along the link during
and the Kilmer Creek
development is, expected to incur a
net loss of $1.265 million this year,

due to the proposed lot develop-.. -

ment phasing. District engineering

“staff foresee most of the road be-
“ing completed by May 1989.

: But ‘area. residents and some

Distribution 9RO-1337 RR pages

WEST VANCOUVER

| the

home

SPRING MEANS ‘it’s time to
tidy. up and start those renova-

tions and.

improvements

around the home. :

A special home improvement
feature canbe found on pages
27-33 of (today’s North Shore.

25¢

council members question the tim-
ing of the road link project.

“DT think the timetable has a lot
to do with the election coming up.
If they can get this to an ir-
revocable stage by the ‘fall, then

7° they won't have to worry about

being replaced,’’ said: Wendy
Mehain, who has lived on the cor-
ner of East Braemar and St. Pauls
Avenue for the past 4% years.

Ald. Joan Gadsby voted for the

‘link, but has problems with the

proposed phasing-in of lot
development. ‘‘lt
logical for me to have more lots
developed to: support the cost of.
the link.”

Development of the. Kilmer
Creek area, with a finaltally of
282 lots, is expected: to be phased’
in over a four to five-year period
at a total cost of $10,865,000. The

seemed more:

Net revenue ‘generated on comple-

“tion of the project is pegged at

$18,135,000.
According to Sigurjonsson’s
fiscal reworking, this year’s $3.365

million Kilmer Creek area outlay

could be covered by:

*reallocating $762,000 set for res-
idential Jot” and © infrastructure
development at’ Tompkins. Cres-
cent, Dunrobin Crescent and In-
dian River Drive.

ereallocating $1.1 million set for

the Parkgate commercial
development in Seymour. The pro-
ject, a shopping centre planned for
seven acres of land set aside on

Indian River Drive in the Seymour
“area,

has been. stalled’ while
Safeway decides whether to throw

its lot-in asa retail anchor - for:

Parkgate or the Intrawest Seymour
Crossings mall development.

‘zoned
’ eallocating | $936,000. from

*reallocating $700,000 set for
development of Roche Point
Drive, phase two. The project in-
volves residential single-family and
multi-family development on ap-
proximately six acres of land.
Sigurjonsson said the project has
been held up pending the resolu-
tion of how to best protect an,
eagles’ nest located on the land.

ereallocating $310,000 set for the

development of. 12 industrially-
lots. lining “ McNaughton
Crescent east of Lloyd Avenue.
“the
district's Land. Development Fund
of monies collected through, the |
sale of assets.

The proposal, also ‘shaves
$293,000:.from the original 1988
district land: development program

. by not developing lots*and a new.

road designated *'G"" this year.