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Community Centre: 

Is there still a need for BCHS to have a community centre?

Option 1 - No, we don't need a community centre

  • the need for BCHS to have housing as a component of its mandate collapses.

  • BCHS will sell its property, donate the proceeds to a charity, as required by its constitution, and dissolve itself as a society.

Option 2: - Yes, we still need a community centre

For how long do we expect this need to remain: 

  • for the near future [five years]

  • for the long-term [10-20 years]

Option 2A

If it is just for the near future, keep status quo and let the
property sit and increase in value.

Option 2B
 

If it is for the long term, the options would be:

Option 2B1

Renovate the current building at considerable cost [new mortgage] as the city would require the building to meet new stringent earthquake standards, a setback from the street, additional parking, etc.

Option 2B2

Sell the property and buy a bigger facility [perhaps in a new high-rise development], requiring a new mortgage and fundraising for a higher cost and renovation.

Housing:

Is there still a need for BCHS to have housing as a component of its mandate?

Option  H0 - No, no need for housing 

If there's still a need for BCHS to have housing as a component of its mandate, the options would be:

Option H1

Sell the property and the BCHS will, on its own, build a housing-cum-community centre on a new property — requiring a new mortgage and fundraising for a higher cost

Option H2

Sell the property and the BCHS will, on its own, buy an existing building which will accommodate a housing-cum-community centre.  This will require a new mortgage and fundraising for a higher cost

Option H3

Sell the property and, in partnership with a not-for-profit housing society, build a housing-cum-community centre

Please email your comments on your preferred option and your reasons for selecting it to: bayanihancc@shaw.ca by July 31, 2017. Your feedback will be reported anonymously so feel free to be candid.

Results of this consultation will be presented at the BCHS September board meeting.

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