4 — Wednesday, March 22, 1995 ~ North Shore News

Local building buoyancy
counters regional trend

THE TOTAL value of build-
ing permits handed out for the
three North Shore municipali-
ties bucked a regional declin-
ing trend in 1994.

By lan Noble
News Reporter

While North Vancouver City,
North Vancouver District and West
Vancouver permit values shot up
by at least 18%, municipalities in
the Greater Vancouver Regional
District showed a small drop.

GVRD figures reveal values for
all types of permits — residential.
industrial, commercial, institution-
al and miscellaneous — in North
Vancouver City jumped 75% to
$43.8 million from $25 miflion in
1993.

In North Vancouver District,
permit values increased 28% to
$96.9 millidn from 1993's $75.7
million.

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West Vancouver followed the
trend up; showing an 18.4% gain
to $97.2 million from $82.1 mil-
tion in [993.

During the same period. GVRD
municipalities showed a slight
drop in permits issued to $3.4 bil-
lion. The one-yeur record of $3.5
billion was set in 1992.

The bulk of all construction on
the North Shore occurred in the
residential sector.

West Vancouver had $83.9 mil-
lion of residential construction,
$9.7 of commercial activity, $1.7
of institutional development ‘and
$1.9 million of miscellaneous con-
struction in 1994.

North Vancouver City provided
permits .worth $35.6 million for
residential development. $618,600
for industrial activity, $5.5 million
for commercial construction, and
$2.1 million for institutional devel-
opment.

North Vancouver District's final
figure consists of $67.4 million for

residential housing, $3.5) million
for industrial activity, $5.5 for
commercial construction, $19.2
million for institutional develop-
ment and $1.2 million in construc-
tion.

Nortu SHORE

CREDIT

dane Milner

Jack R. Bright, chairman of the Board of
Directors of North Shore Credit Union
CSSCU). is pleased ta announce the appoint-
ment of dane A. Milner as president and
chief executive officer of the credit union.

Milner brings exceptional leadership
and sales ianagement abilities to this key
position for NSCU. Most recently, Milner
served as vice president, personal and
commercial banking with CIBC. She speni
nine years with Royal Trust in a variety of
vice presidential positions, all related to
sales and service. Key to her tenure was
establishing Royal Trust’s led idling position

fur customer service,

Before entering the financial services
sector, Milner. was with Xerox Canada,
where she held various
agement positions, Additionally, Milner is an

-active volunteer, serving on the Ad

Council of the University of Toronto and as a
director of the YMCA of Greater Toronto,

North Shore Credit Union has been
providing financial services to its members
since 141 and recently achieved a mile-
stone of over $500 million in assets, With
nine branches situated in North Vancouver,
West Vancouver, Whistler, North Burnaby
and downtown Vancouver, NSCU also

get as s four offices of Norcul Insurance

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* Mountain and water views.

All sales close April. 13,1995.

e Suites are GST exempt. ©

Bank Representative On-site.

pA Bank of Montreal

Mortgages available
through the
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i hog

a on By ed
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