Thursday September 22, 2011
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Crunching the numbers: the West Kelowna land swap
The B.C. government has released a new appraisal on a controversial land swap in West Kelowna.
The exchange has got a lot of people talking, and questioning who was getting the best deal.
The Westbank First nation is trading 8 acres, worth about 8 million dollars (where a highway interchange is being built) for almost 700 acres of Crown land above West Kelowna, adjacent to the Rose Valley Reservoir.
The District of West Kelowna opposes the deal, and says the land near the Rose Valley Reservoir at land is worth 28 million dollar as is -- and and could be worth much more if developed.
Ben Stewart, the MLA for Westside-Kelowna released a new appraisal of the land yesterday. Here, he speaks with Daybreak host Valerie McTavish.
For his reaction, we reached West Kelowna mayor, Doug Findlater.
The exchange has got a lot of people talking, and questioning who was getting the best deal.
The Westbank First nation is trading 8 acres, worth about 8 million dollars (where a highway interchange is being built) for almost 700 acres of Crown land above West Kelowna, adjacent to the Rose Valley Reservoir.
The District of West Kelowna opposes the deal, and says the land near the Rose Valley Reservoir at land is worth 28 million dollar as is -- and and could be worth much more if developed.
Ben Stewart, the MLA for Westside-Kelowna released a new appraisal of the land yesterday. Here, he speaks with Daybreak host Valerie McTavish.
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For his reaction, we reached West Kelowna mayor, Doug Findlater.
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