The City of Kimberley, after an in camera session last Monday evening, has announced their intent to sell 14.8 acres of light industrial lands in Marysville to local log construction business Tyee Homes.
The parcel is just behind Chalet Chev in Marysville, near Columbia Salvage.
These are the last of the light industrial lands that have received clearance from the Ministry of Environment as former industrial lands.
The city will sell the parcel for $175,000 subject to conditions, including charge to be registered against the property in favour of the Seller requiring the Buyer to construct an office/shop building and to subdivide the property; and the installation of one (50mm) water connection to the property. The funds will go into the Kimberley Reserve Fund.
“This is significant because we’ve been pushing very hard to sell those lands,” said Mayor Ron McRae. “It’s a key priority to develop light industrial lands. This is a local, very successful, business demonstrating they have faith and confidence in Kimberley. It’s a win for Tyee and a win for the city.”
McRae says the next priority will be development of the bench lands along Jim Ogilvie Way, although that development will be residential not industrial. Those lands have not yet been released by the Ministry of Environment.