The City of Kelowna could expropriate Kelowna Springs at fair market value

KelownaNow   Dec 5, 2024 by   Susan Ames

The City of Kelowna made a major effort to buy Kelowna Springs Golf Course – really?

Do I think the City made their best efforts to reach an agreement with the property owner to acquire Kelowna Springs as a municipal golf course? No.

In his statement of Dec. 3, 2024 Mayor Dyas includes several “interesting” comments.

1. “Council directed city staff to explore all options for the city to acquire the property from Denciti Development Corp…” Now, why would the mayor send out a staff person to negotiate with a powerful developer for a $30 million asset which is as important and controversial as Kelowna Springs? Would Denciti think the city is serious if he wasn’t even approached by the decision makers/negotiators – the mayor and the chief financial officer? No. What message was the mayor sending to the developer?

2. “Despite our best efforts, the city was unable to reach an agreement with the property owner.” Again, is sending a staff person to negotiate for a $30 million city asset considered “best” efforts?

What should have happened was that the mayor should have invited Denciti to the negotiating table. The price Denciti would probably agree to is $30 million plus interest etc., maybe up to $35 million. In September, 2024, the city approved a budget, for new parks, of $358 million, so the funds could come out of that. If the developer thought there was no hope for industrial, he would cut his losses and take the money to invest somewhere else. Keep in mind, Denciti purchased Kelowna Springs just before the 2022 election when Kelowna Springs was a major election issue.

<img alt=” Photo Credit: Kelowna Springs Golf Course via Facebook” src=”https://www.kelownanow.com/files/files/images/ksgc%20(1).png”>

Photo Credit: Kelowna Springs Golf Course via Facebook

It is now recognized that Kelowna Springs is also important for many other things including flood protection of city infrastructure. If the developer doesn’t want to negotiate, the city has the option of expropriating Kelowna Springs at fair market value of say $6 million without the owner’s consent. What do you think Denciti would do? Did the city put forth their best efforts? No.

3. “Should the property owner choose to submit a development application in the future, Council will evaluate it with the upmost care…” What message is the mayor sending to the developer and to the public? That the developer should not believe that the city won’t approve industrial use. Just try it. What is the public to believe? That the city isn’t committed to saving Kelowna Springs from development. These efforts are “going through the motions.”

Mayor Dyas said that during the election he would fight to save Kelowna Springs if he became mayor – the public, including myself, believed him and voted for him. Were we duped? Maybe. It is time for the mayor to make a real effort to acquire Kelowna Springs and confirm to the owner the city is serious about this. As a municipal golf course, this sensitive green space will be an asset to the city including the residents of Kelowna.

Susan Ames

Kelowna

https://b7095d3198ea20d4e28fc26f2a9664f3.safeframe.googlesyndication.com/safeframe/1-0-40/html/container.html

Previous Post City of Kelowna tried to buy a golf course, but owner holding firm
Next Post Time for mayor to make real effort

Related Posts

Discover more from Susan Ames Sustainability

Subscribe now to keep reading and get access to the full archive.

Continue reading