Sunday, December 13, 1992 - North Shore News - 5

S r
| Mall seeks rent

THE PARK Royal Shopping Centre has filed a suit
against the financiaily troubled Woodward's department
store chain secking $421,000 in unpaid reat from its
West Vancouver outlet.

Park Royal director Rick Amantea said Friday that the
suit was filed in B.C. Supreme Court last week.

“Some of it has been outstanding for quite some time,
and some of it is recent. We're like any other developer;
we're making sure our interests are protected,’’ said
Amantea.

Woodward’s recently completed a large expansion of
its Park Royal store.

Centre sold

MARATHON REALTY Co. Ltd. has sold the Lynn
Valiey Centre shopping mall for an undisclosed sum.
A spokesman for Penreal Advisor Ltd., who asked not
to be named, said Marathon sold the North Vancouver
shopping centre to an unnamed Canadian pension fund,
effective Dec. 1.
Penreal makes commercial real estate transactions on
behalf of pension fund groups.
“‘There's nothing special! about the deal. Marathon
thought they would like to review (heir portfolio, and
our clients thought the Lynn Valley Centre was a good , Ps
ee

buy,” said the spokesman.
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He added that he believed the Lyan Valley Centre had rporeugh | oe Sane
been on the market for about four or five months. The J irssece ‘sone Pecveved arene BFuilcostol

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spokesman said no changes are planned for the shopping Primer Seater m Retinieh with Polyuruthene Enamel
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“We believe Lynn Valley Centre is a community
shopping centre, and we look forward to working with
the community and our merchants. We feel Lynn Valley
is an established material con:munity, and we feel the
Lynn Valley Centre meets this need.

“It’s business as usual,’’ said the spokesman,

He refused to disclose the purchase price of the shop-
ping centre.

Woman says band discriminates
against its ‘married-in’ members

From page 1 ;
employees and 16 people sitting as
members of band council.

Said Rich, ‘‘There are hundreds
of people that are rejated in the
band that are related (o band
council.

“Don’t you agree that it’s in-
evitable that those people are go-
ing to be related ... you've already
testified that almost everybody in
the band is related in some way?”’

Chief Norman Joseph appeared
before the tribunal last month. He
is a hereditary Squamish chief and
has served band council for 25

years.

When asked by a_ tribunal
member if he remembered making
a remark about preferring to hire
Squamish-born for band jobs he
said, ‘‘l say it all the time.
Whenever our people were quali-
fied, our own Squamish Indian,
they would get the jobs. You
know, that was my opinion.

“*{ was brought up by my father
and my mother and a lot of other
chiefs, that we do look after sour
own people first,"’ Joseph said.

The hearing continues.

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