Title
Hockley House Development Mortgage Registration: 830 Hockley Avenue
Recommendation
The Hospitals and Housing Committee recommends to the Capital Region Housing Corporation Board:
a) That the resolution attached as Appendix A and required by BC Housing Management Commission to authorize the execution of the Section 219 Covenant and the Loan and Mortgage documents for 830 Hockley Avenue be approved; and
b) That staff be authorized to sign any documents related to the Loan and Mortgage and Section 219 Covenant registration and to take steps necessary to conclude the purchase of 830 Hockley Avenue, Langford, BC.