Aldernen J.J. Yeryluk February léth, 1978
Aléerran C.R. Leking

(Land Sales Committee)

L.D. Pollock
City Administrator

Ra: Bonneck’a ‘arine
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rowae asked te obtain wore inforretion cn the Vater Leases
Vrourch che Prarer Siver Yartour Commission to sec if there was any
: seuld erercien srester control of water leases aiong the Pict

“y the Fraser River Harbour
olicy
Te is evite
any ca.trel or anetoriry over clody
DParere that they also co-onerate
water Qesnse ehth the planned

Corntecton does rorrally rot consult vith the Ciry
este entered inte, The only tine they will recuust
s vbere the City fe the unload owner as da Che
ar arclieation, With chis in ming, the leases char
few years will ior, as a netter of course,
aprrogal.
Leases are arranged in auch a vay thet loe-boonine leases ara
for a parted of Five yeara, Intesrated uses, tic. water lease combined
vith an urlsnd use, vould run up to 20 years, This vould be, for example,
cn induetrial uz such as a satmill where the omer vanced to Lease log-
forego arcaa on ths river @long with s cavniil operation on the acfacont
u;iend area.

&, Tha larbour Comaission does rot pareic a sub-lease, therafora
the City carrot lecce rhe vater area and then sub-lcase to Denmeck. If
tha City wish to provide bost-Lauaching facilities, st this particular
Jozation, we could apply for a lease ourselves to operate this factltey.
In these cages, there is s ponfnal lease Fae of $25.99 per anaun to che
wucteivaltey for the verar lesne.

5. T have foofirced with the Parbours Comission that they are
reguisting lesset at the boreen end of Mary Fill adjaccnt to the Censtac
property, They are not issuing leases fn thts exes without consulting
with the Ciey first. This is in anticipation of a recreational use being

nade of that portion of the foreshore in the future.

Perhaps the Committee could discuss this further before ic
returns to Council.

L.D. Pollock

net
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Apr ang