I still don’t understand why council is selling the property beside the events center for a loss.
If having a “dorm” is such a good income earner and is necessary, why does the city not build it themselves and lease it back to the hockey school? This would stop the city from losing more revenue they presently receive from the hockey school for renting out the Queen’s Park School every summer and taking a bath on the sale of the land.
Or better yet, why not just lease the land for a certain term — thus generating revenue for the long term, not just a $950,000 one-time shot, and still retain ownership of the land. If that deal is not satisfactory to the hockey school, then keep the land and turn it back into a tennis bubble as we had for so many years only a block away.
Was this city not kind enough already building the hockey school their own rink, and new offices as part of the events center. Don’t get me wrong, I’m not against the hockey school, at all. It generates some great benefits for this city. I am just pro-Penticton and a taxpayer.