Victoria, BC- Capital Regional District (CRD) Board Chair Denise Blackwell announced today that the CRD has entered into an option to purchase agreement with the Queen Alexandra Foundation for Children to ensure potential future access to a 10.8 hectare parcel of land the Foundation has indicated they will be selling. The option agreement is for the Foundation’s property at the corner of Arbutus Road and Finnerty Road in Saanich. The CRD has paid the Foundation a one time payment of $159,750; the option period is from April 15, 2008 to January 15, 2009. Should the CRD elect to purchase the site, it can do so at a locked in price of $7.1 million dollars.
The land was secured as the Board contemplates siting options for wastewater treatment facilities. However, Blackwell wants to be very clear that no decision about what will take place at the site has been made. “If purchased, the land has potential to be used as a wastewater treatment plant for the Saanich region. The area is also ideal for water reuse and energy recovery options. Significant public consultation would occur before final site decisions were made. If not deemed suitable the CRD would work with the District of Saanich on the disposition of the site,” said Blackwell. The Queen Alexandra Foundation approached the CRD earlier this year before putting the site on the market, which allowed the Board to make a prudent decision and allow for maximum flexibility. Blackwell thanked the Foundation for working with the CRD as it moves forward on wastewater treatment options.
The Queen Alexandra property is one of several locations that are under consideration as the CRD moves forward with wastewater treatment in the Core Area. Core Area municipalities include Colwood, Esquimalt, Langford, Oak Bay, Saanich, Victoria and View Royal.
The site scored well in a survey of potential locations. The possibility of water and/or energy recovery and re-use is high due to its proximity to a large institution (The University of Victoria). The site also scored well in the CRD’s extensive study of biology, archaeology and geotechnical aspects. Technical work on potential sites will continue through the next several months.
For more information, please contact:
Denise Blackwell, CRD Board Chair
Sheila Taylor, Manager, Community Relations, CRD