The Village of Burns Lake may be one step closer to creating a Recreation Vehicle (RV) parking lot and greenspace area in the downtown core.
At its June 23 regular meeting, council gave three readings to the Village of Burns Lake Reserve Fund Expenditure Bylaw #957, 2015, which authorizes the withdrawal of $25,000 from the village’s land sales reserve fund for the purpose of buying Lot 4, District Lots 6308 and 6309, Range 5 Coast District, Plan 1295.
The municipality has already agreed to purchase the vacant lot from its undisclosed owner for $18,300 – an amount equal to its assessed value for taxation purposes – but can’t proceed until the bylaw is adopted. Yet according to Sheryl Worthing, Chief Administrative Officer for the village, that could happen as early as mid-July.
“If the bylaw is adopted at the council meeting on July 14, the closing date will be set shortly thereafter,” she said.
While the village hasn’t yet developed a specific plan for the property (which sits across Highway 16 from the Rexall pharmacy and adjacent to lands formerly occupied by the Shell service station), Worthing says its purchase fits with Burns Lake’s general downtown revitalization program.
“(Purchase of) this property will allow the village crew to deal with water control issues and snow removal in the area, as well as serve as an excellent addition to the RV parking lot and green space that is planned as part of the downtown revitalization initiative,” she explained. “The lot will not form part of the parking lot, but could be developed in years to come.”
Legal fees associated with the transaction could add a few thousand dollars to the cost of the lot, but Worthing said it’s possible the village won’t require the full $25,000 authorized under bylaw 957.
“Legal fees have yet to be determined,” she stressed. “Only the amount needed for the purchase and closing costs will be withdrawn.”
As of May 27, the village had $93,881.69 in its land sales reserve fund.