NORTH Shore ‘Winter Club’
is laying. its fi nancial woes.
on the line i

By ROSS MEEK
_. News Reporter wil if

“I
Ina etter to its: members, the
elled out three options
one a the!) financially ©

id ie re selling off assets.‘
Theclub: been i
ancially

‘phisiotherapisis at:LGH..

of a jprivate_ club. This option :
‘ would) ‘guarantee ‘our stability. It is
my choice.

|; $5,000 UNREALISTIC

“Ideally we would like to. ask

for $5,000 and the club would be
‘fully. capitalized,” Symes said, but

added: ‘‘it is not realistic. for the
“meme See's

a ‘better bargaining - Position. if a,
sale was necessary. . /

The last. option, presented 10.
‘members in the club, letter, is to
allow the board of diréctors to ne-
gatiate the sale of the facilities
with a lease back clause so the club
would continue to Operate ina
leased facility. ;

The District of North Vancouver
is one of the parties that has ex--
‘pressed: inter st in purchasing the =

"ENSURE F UTURE

’ Despite losing title: to the: facili-
ty, Asbell. said even. this option ‘
,would. ensure the future. ‘of th
+“ Winter. Club for' a:-long,. long

‘long time in the future.

“In. fact Asbell is positive: about :
all three options. . .

ps “ three-year’
ffer.to. the HSA was/a Gero