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Community Centre:
Is there still a need for BCHS to have a community centre?
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Option 1 - No, we don't need a community centre
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the need for BCHS to have housing as a component of its mandate collapses.
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BCHS will sell its property, donate the proceeds to a charity, as required by its constitution, and dissolve itself as a society.
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Option 2: - Yes, we still need a community centre
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For how long do we expect this need to remain:
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for the near future [five years]
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for the long-term [10-20 years]
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Option 2A
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If it is just for the near future, keep status quo and let the
property sit and increase in value.
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Option 2B
If it is for the long term, the options would be:
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Option 2B1
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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.
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Option 2B2
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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.
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Housing:
Is there still a need for BCHS to have housing as a component of its mandate?
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Option H0 - No, no need for housing
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If there's still a need for BCHS to have housing as a component of its mandate, the options would be:
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Option H1
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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
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Option H2
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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
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Option H3
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Sell the property and, in partnership with a not-for-profit housing society, build a housing-cum-community centre
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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.
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Results of this consultation will be presented at the BCHS September board meeting.
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Go back to Community Future
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Go back to Background
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Go Back to Current Situation
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