cautlorerty resurfaces

THE: PLAN, according ..to:
West: Vancouver Schoo!
District’ 45° chairman. Peter

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WEST VANCOUVER —
“SCHOOL BOARD

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tallation dem nstrations of thet hardwood floors on:

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‘Bradshaw,

to subdivide

the Hillside middle. school

Jand and_sell off lots once
_toads and sewers are put.in.

By Kevin Gillies
Contributing Weiter

Bradshaw told a- recent board ©

meeting that: the. subdivision plan
— its oppused to wholesaling the

land once the permit is in place to
sell it’ — was the primary proposal
_ sent tothe Ministry of Education.

Monty raised from the sale of
the. Hillside = site “will fund- the
building of the. new school” at
Caulfeild Plateau.

Bradshaw: was responding foran
audience-member question posed

to the District 45. board’ recently:
regarding: the difference’ between

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‘and therefore not. compromise the~

||
the cost of building the new mid- |
dle -school .at Caulfeild Plateau |
and. the appraised ; value of the |
Hillside site, : al

The board did not release thar”
information in.an:effart 10, protect [>
the “appraised” value of the land, |
potential market
lands:

Onee the land is.sold,. he said, >:
the board would be glad to ‘release
the fgures in question, |

Based on a report prepared. for.
the board. by Moodie Consultants:
Lid. last year, the -board’s net.”
revenue. for the'sale of the Hillside
property would be $11.5 inillion,
(at $38 per sq. ft yy and the cost
of “building. ‘the: new: Caulfeild
school ~ would: be ::$12,385,00
resulting ms $885,000 shortfall

Jvalue of the

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