The Mount Washington Group is investigating the feasibility of offering Fee Simple Title (or Freehold Interest) to current leaseholders and future owners of property at Mount Washington Alpine Resort.
Currently, every property “owner” at Mount Washington actually holds a long-term sub-lease, which is set to expire in 2078. Many lending institutions, according to Mount Washington Group information, are increasingly unwilling to finance leasehold interest in land because they are regarded as depreciating assets.
The Resort has been looking into the legalities and opportunities in changing over from leasehold to freehold.
Once arrangements are in place, the Mount Washington Group will make an offering to leaseholders on a schedule, and not all at once.
Future real estate offerings by Mount Washington Ski Resort will be based on Freehold Ownership.
“I think it’s going to be good for the mountain,” Resort majority owner George Stuart said. “It’s a good stepping stone for the future.”
The Accommodation Guide available in the print edition of The Marmot also has a corresponding revamped website, and was relaunched in November. Check it out at either www.milehigh.ca or www.mountwashingtonaccommodation.com.
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The Strathcona Wilderness Institute welcomed a pair of rare birds from across the big pond in the summer: two naturalists on sabbatical from the Royal Society for the Protection of Birds in Dorset, England.
Toby Branston is the Warden at Arne Nature Reserve, and Emma Foulger has experience with environmental education, having worked as an information officer, interpreting the natural world for visitors to nature reserves in England.
The couple staffed the SWI’s Park Centre three weeks in August, allowing the centre to be open during weekdays as well as weekends.
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The Vancouver Island Riders Snowboard Club is preparing for its fifth year at the Resort. A number of former Riders athletes are now training with the BC provincial and development teams on the Lower Mainland, so the club is looking for new members to fill their programs. For more information, please call Kelsa or Dave Donald at 250-923-0523.
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What do the annual summer Filberg Festival in Comox and the Mount Washington Ski Patrol have in common? The ski patrol lent their newly acquired automated external defibrillator (AED) to the festival in the summer.
Rene Tait co-ordinated emergency care volunteers at the festival.
The Mount Washington Ski Patrol Association has 100 highly trained volunteers who have served at such large events as the 2010 Winter Olympics in Vancouver, Vancouver Island MusicFest, BC Seniors Games and various summer road and mountain biking events.
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The Comox Valley will soon have a new Visitors’ Centre open, on the Comox Valley Parkway leading into the City from Highway 19.