The City is selling off two lots and buying another.
The land deals were brought forward from in-camera votes at City council’s regular Tuesday meeting.
City real estate manager Dave Freeman said the first property, at 5390 Morris Place, was used to alleviate drainage problems in the area. But since then, drainage improvements have been made.
So the City is building a trail through part of the 50-foot lot, and neighbours on either side are buying the extra 3,000 square feet of land for $15,500 in total. That money is going toward the trail and other improvements.
The City also bought 6,000 feet of land from Domtar at Mission Flats to help with sewer system improvements being made. That part of the system had a major break last summer and the City is doing extra work to ensure it doesn’t occur again.
And a parcel of land west of the B.C. Lottery Corp. on West Seymour Street has been sold.
Freeman said the purchaser is looking at putting up an office building on the site at some time in the future. It’s zoned as commercial business district.
The lot is an awkward triangular-shaped property. It was sold for $60,000.