Tuesday, August 21, 2007

Captain Bailey Way Development Corporation

http://www.vernon.ca/news/index.html#captain_bailey_way

Council announced the establishment of the Captain Bailey Way (CBW) Development Corporation which will pursue unique development opportunities at the airport to meet the needs of the aviation community.

The new Corporation will develop approximately one acre of land at the Vernon Regional Airport creating 9 hangars with a residential component. This development will allow pilots to own their own hangar and also have a residence at the airport. The lands will be transferred into the name of the Captain Bailey Way Development Corporation and all shares in the Corporation will be owned by the City of Vernon.

The Captain Bailey Way Development Corporation will consist of the following five Directors appointed by Council:

Barry Jackson
John Blunt
Steve Bertram
John Tigchelaar
Councillor Pat Cochrane

Councillor Cochrane, notes that “Over the last few years the demand for hangars at the airport has increased dramatically and this type of development will appeal to many aircraft owners who are looking to participate more fully in the Okanagan lifestyle.”

“The Captain Bailey Way Development Corporation will be engaging appropriate consultants to pursue design, engineering and to create new zoning for the property to allow the development, and the process will allow the opportunity for public input on the development” commented Mayor Wayne Lippert.
Posted: Aug 21, 2007

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