- College for the purpose of operating thereon a regional college as defin

 

woe we mem yp mts etter meen Sete ee Hm eee

(a) This may be accomplished by immediate amendment to
Part XI of the Public Schools Act.

(b) Until bodies corporate are created, there is no one
for the Government to deal with in regard to fhe assets
of the proposed melded institutions. DOUGLAS COLLEGE

V. FINANCIAL CONCERNS ‘ARCHIVES
LAND ei

 

 

 

 

The committee proposes that the lands making up the college sites
be retained in the name of Her Majesty the Queen in Right of the Provis nee
of British Columbia, and that the same be leased by the incorporated RF ess

the appropriate statute.

(a) The Lease would contain provision against assignment or
subletting any portion of the land without the consent of
the Crown but at the same time it would exclude the sub-
letting of areas of the building for a eraees of less
than one (1) year.

(b) It is proposed that for budgetary purposes of the Crown
Provincial, a lease fee be set that is relative to the
going rate in the real estate market in the area of the
college and that the lease fee be renegotiated every
Five (5) years.

BUILDINGS

The committee proposes that all of the buildings, including equipment
therein, be conveyed to the college for $1.00 and, in this regard, a Lill of
Sale or other form of transfer could be exchanged.

(a) The future construction, design, etc., of all buildings
on the college sites would be entirely the responsibility
of the college and the Department of Education,

(b) Renovations, maintenance and upgrading of all improvements
would be entirely within the hands of the college, as the
owners of the buildings.

VI. MEMORANDUM OF AGREEMENT

 

The Task Force recommends that a Memorandum of Avreement be entered
into with the Department of Educatiom by each College affected by the proRees
of melding with a B.C. Adult Vocational School.

The Committee recommends further that such a memorandum of agreement
should contain the Following provisions:

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