MEMORANDUM

Mayor and Council January 24th, 1979

FROM: Alderman E.W. Mabbett

I attended the meeting in Vancouver called by the Committee of
North Shore Municipal Officials and the local Industrial group, at the
office of the B.C. Development Corporation.

Members from several Cities and several members of the Industrial
group were in attendance along with M.L.A. George Mussallem.

The President of B.C.D.C., Mr. Doogood, opened the meeting
outlining their mandate, etc. Right away this started some fairly sharp
words, particularly from M.L.A. Mussallem and others of our group, especially
when the President very emphatically pointed out that they were in the
selling of industrial property and must show a profit and they would push
some ahead of any locally owned industrial lands. I think we all felt,
including the M.L.A., that at least we would be on an equal footing
with B.C.D.C. in this regard. He was also critical of some municipalities
of the red tape and very heavy requirements for servicing the land ready
for use. However, he left. the meeting at this point and turned it over to
a Mr. MacKenzie, the Land Division Manager of B.C.D.C.

Mr. MacKenzie tried to smooth over some of the problems created
by the President, however, it comes over loud and clear under the present
regulations, here on the lower mainland, we have to compete with B.C.D.C.
who estimate it will be another 4 to 4 1/2 years before Tilbury Is. is
fully sold out and then they may turn their directions to being more co~
operative in pushing our area or others.

Mr. MacKenzie talks about affordable industrial lands and bare
bone specifications for servicing, also the average needs for Industrial
lands are about 250 Acres per year at Present. There are funds available
at low interest from B.C.D.C. for industrial development. Copies of Tilbury
Island Development were made available showing the affordable servicing they
put in and the land costs are at present about $68,500. (serviced) per acre.
They have no funds for say a study such as an Economic Study of the North
Shore Area, this would have to come from the Ministry of Economic Development

directly.

I think most of us left the meeting, not too enthused about what
to expect from B.C.D.C. except for, in my opinion, two things:

1. M.L.A. Mussallem will no doubt be meeting with Don Phillips about
the terms of reference B.C.D.C. works under.

2. Mr. MacKenzie will do an overall look at the North Fraser areas
in a limited way and submit a Brief outlining briefly his views on the overall