The new Comox Valley hospital is one more step closer to reality as Courtenay council approved the purchase agreement for its land slated for the project.
Courtenay expects to receive nearly $900,000 ($8.67 per square foot) for the 2.37-acre property at 95 Lerwick Rd. near Ryan Road, which is currently used as a playing field.
The final purchase price will be established when the subdivision plan is completed, and the purchase price may be adjusted slightly depending on the final area measurements.
The City plans to use the funds from the land sale towards new or improved playing field space elsewhere in the Comox Valley.
According to a staff report from City director of legislative services John Ward, approval of the purchase agreement is the City's last step to dispose of the property to the Vancouver Island Health Authority.
Meanwhile, North Island College is moving along with its plans to sell VIHA an 11.17-acre portion of its campus on Lerwick Road between the City-owned land and the Comox Valley Aquatic Centre.
Now that the rezoning has been approved by the City, "The college anticipates proceeding in the new year with requesting approval from the provincial government for the disposal of the land,” according to college director of community relations Susan Auchterlonie.