Monday, September 18, 2006

BCTC centre worth $28.7 M (Langley)

VERNON TO BE ONE OF TWO CONTROL CENTRES IN B.C. ??
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To show the importance of the upcoming report from our City Treasurer Rob Mayne in early October on the Tax Ratios re Light Industrial and Utilities Classes in Vernon the city taxes that would be imposed on a 28 million dollar project are listed below. (2005 figures):
Utilities Class Rate:
Langley 39.22032 RATE ,$1,098,168 while in Vernon 9.8758 RATE, $276,522
Lt. Industrial Class Rate:
Langley 11.52RATE ,$322,560 while in Vernon 6.91300 RATE, $193,564
Business Class Rate:
Langley 11.52RATE ,$322,560 while in Vernon 9.87580RATE, $276,522

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On a 28 million dollar project are listed below. (2006 figures):
Utilities Class Rate:
Langley 39.9976 RATE ,$1,119,933 while in Vernon 8.7663 RATE, $245, 456
Lt. Industrial Class Rate:

Langley 13.8688 RATE ,$388,274 while in Vernon 7.0132 RATE, $196,370
Business Class Rate:

Langley 11.6985 RATE ,$327,558 while in Vernon 8.76630 RATE, $245,456.

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Don Quixote Note:
The CONTROL CENTRE FOR BC TRANSMISSION CORP building permit in VERNON dated Late June/06 is estimated building value of $21,700,000

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Langley Times By Al IrwinTimes Reporter Sep 17 2006
While residential starts dropped off considerably in August, Langley Township’s building permit fees got a massive shot in the arm through a major industrial, building-permit application. BC Transmission Corp. took out a permit for construction valued at $28.7 million, for its control centre/office building in the 8100-block of 199 Street. The centre will be located on a 2.84-hectare property (seven acres) in the Langley Business Park. BCTC spokesperson Donna McGeachie told The Times that construction has begun on the 5,800-square-metre (61,860-square-foot) building, expected to be occupied in early 2008. McGeachie said the new control centre is part of a plan to consolidate five control centres currently in operation in the province into two, the Langley centre, and
another in Vernon.
BCTC, the Crown corporation responsible for operating, managing and planning the provinces high-voltage electrical transmission system, currently has two Lower Mainland control centres, one on Vancouver Island, one in Prince George and one in Vernon. Langley was chosen as a central site for the relocation of the Lower Mainland employees. McGeachie said Langley will be an easier commute for many of about 90 workers who will be employed here, and some have expressed an intention to relocate their homes to the Langley area.

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