Asa continuing feature in the North
Shore News, this article provides an
update on the construction of the new
building to house the North
Vancouver Detachment of the RCMP
and the North and West Vancouver
Emergency Program. The building is
being undertaken as a joint project
between the District of North
Vancouver and the City of North
. Vancouver.

THE NEW building wil] be
located at the corner of 14th
Street and St. Georges Avenue,
adjacent to the existing RCMP
building. The building will con-
sist of two levels of under-
ground parking and three levels
- of above-grade office. It has
been designed as a “post-disas-

‘” ter” facility.

: By Randy Scott
: Contributing Writer.

Passers-by to the site have proba-
“bly noticed the covered walkways
‘alo! 14th. ‘and’ St. Georges,

suspended , construction

trailers and the many trucks entering

and exiting the site on a regular basis.

These are sure signs that the project
is on the move.

The design of the building was
completed by the architectural firm
of Architectura. {t evolved over sev-

eral months, through the puarticipa-

tion of representatives of the District
of North Vancouver, City of North
Vancouver. RCMP and .- the
Dominion Company. The process
involved continual consultation with
members of the North Vancouver

ore retirees in
-North & West

‘dm Vancouver take
advantage of the
_Feverse mortgage than
people living in any

» Carol Christopherson -
Vice President
_ Canadian Home
Income Plan™ Corp.

other municipalities
n Canada, according

o Carol Christopherson, :
Tice President of Cana-

‘dian Home . Income
| Plan Corporation, the
company that dev-
eloped the reverse
mortgage.
.. The reason for this

& | appears to be a combi-

%* Lease specialist
* All makes, all models
f %& New or used vehicles
* ‘% Knowledgeable staff
% Best rates ,

Have questions about leasing?
‘ Give us a call! .
: *Based on $2500 down

B92 Pathtrder SE.40,301,5 spd. 78 lors. $20,995 Fi
Newey 1S, aun 2cr fll load 46 kms $15,995 fF
$6 °93 MAS GSVE.S spd39 lores

B92 lenegga LS ata, 46 ers

fi “92 Patina SO EER 78 ors

B90 Mia comm. 5 spd. 62 rs

fi 83 4Rurner SREVGS spd.air cond $52,095
BT Topora PUL tbo ches, et

+ many other Quality Vehicles

detachment of the RCMP. The intent
of the participation was to achieve a
building that functionally would
meet the needs of the RCMP and the
emergency program, and architec-
turally, would achieve a design
reflective of the North Shore com-
munity, most notably, the mountains,
sky and water.

The site will include a park near
the main entrance to the building off
14th Street. The park will contain
vegetation indigenous to the North

Shore and British Columbia, and a

nation of house vaiue
and lifestyle. The real
estate appreciation we
have enjoyed on the
North Shore has been
significant over the last

years (up around 11%.

per year) and has creat-
“-ed'a substantial pool of
capital for many people,
; especially those now in
retirement who have
“been homeowners for a
number of years. Addi-
“tionally, retirees on the
‘North Shore enjoy

“very active retirement

lifestyles, traveling,
golfing, cating out, etc..
and that costs money! ’

So if you put the

two together - a sub- /
the North Shore don’t:

stantial pool of capital
and the desire to live an
‘enjoyable retirement —
you can understand
why a financial vehicle
that gives you access.to
the money locked up in
your ‘home would be
popular here.

The reverse mort-
gage has been devel-
‘oped specifically for
people over the age of

Wednesday, January 24, 1996 — North Shore News — 29

RCHIP building comes together

water feature within the centre of the
park. The vegetation was selected
with consideration to not only how
the park might appear in the summer
when some of the plantings are in
full bloom, but equally, how the park
might appear in the winter months
when leaves may have fallen off the
trees and other plantings. This will be
addressed through plantings that
either retain their foliage during the
winter months, or present a variety of
new colors during this period.
Plantings will include a mixture of

60 to give them a flexi-
ble and secure way of
accessing their equity
without having to
either sell the property
or take on the burden
of monthly repay-
ments. You can with-
draw a portion of the
value in your home
which can be taken as
cash, income or a com-
bination of the two —
and it is received
tax-free. You get to
enjoy the benefits of
having this additional
income during your

lifetime and it will be '

repaid (with interest, of

course) by your estate. |.

“People living on

want to leave it, espe-.
cially when they have
lived here for a number
of years which makes it
important for retirees
to have the option of
tapping into their
home equity if it helps
them achieve their
desired standard of liv-
ing,” says Christopher

son. “It used to be that

| Onl, “tube & Filter Change | 1

INCLUDES: Labour, Pennzoil or
i j Quaker State Oi! [Ow 30, Fram Filter
Ve 21 point Vehicle inspection

LC most veld vehicies)

$15,995
$ES,995 ff
$20,995 |
$10,995 }

39,995 9

& Plugs 1

$17

; Yes, buy 2 Whistler Ski

deciduous trees, coniferous trees,
shrubs, perennials and ground cover.

The exterior skin of the building
will consist of approximately 30,000
sq. ft. of pearl while composite alu-
minum panels with accent panels,
13,000 sq. ft. of aluminum frames
and glazing, and 5,000 sq. ft. of col-
ored precast concrete panels at the
base of the exterior walls to match
the accent panels and colored alu-
minum frames. The exterior skin of

See Material page 32

you moved out of the
family home into a
condominium to access
some of your money
but these days many
condominiums are as
expensive as the houses
so that’s not necessarily, | :
an option.” With the
reverse mortgage, how-:
ever, you can‘have both
the house (or condo).
you want to live in’ and
access to your money.

TD Bank obviously
agrees that this is. an
important income
option because:they
have recently developed .
a joint venture relation-’
ship with the Canadian.
Home Income Plan].
Corporation’ to. make’ the |"
CHIP reverse mortgage’ -

available to. their me
‘customers. :

For more informa:
tion, Canadian: Home
Income Plan Corpora-
tion’ can be. reached at

685-2447 or by writing |

to #2570 - 1066 West.

‘Hastings, Vancouver,
‘B.C. V6E 3X1.)

Lift tickets from us and for;
only $1.00 more, get a car. rental

| Amazing!

included i ,

& Gia &5
Car. & Truck Rentak,

i (or rental voucher for future use).

Cail for details!”

985-2233 |

Hours:
Monday-Friday 3: 30-8 .
Saturday, 8-6, , Sunday 9 2 3.