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

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