The City of Vernon has sold the 19.6-acre McMechan Reservoir to a development company. (Richard Rolke/Morning Star)

Vernon sells old reservoir

Council has sold the 19.6-acre McMechan Reservoir at 901 39th Ave. to Vernon Reservoir Developments for $6.49 million

Vernon taxpayers are losing a big piece of land for a large chunk of cash.

Council has sold the 19.6-acre McMechan Reservoir at 901 39th Ave. to Vernon Reservoir Developments for $6.49 million.

“It’s very good development property and it makes sense for the community,” said Coun. Brian Quiring.

The site, near Mutrie Park, has not been used as an open reservoir since 2005 and was deemed surplus for infrastructure purposes.

“It’s good that a developer wants to look at doing something,” said Mayor Akbal Mund.

The intial plan for the site is a mix of housing types, and the developer has agreed to include some attainable housing. Carriage houses and secondary suites could exist as mortgage helpers.

There is also a proposal for a park and trail system.

Coun. Scott Anderson voted against the motion not because he is opposed to selling the land, but he has concerns about the process the city followed.

“It should go on the open market,” he said.

Mund isn’t surewhat led to city administration recommending the land be sold to Vernon Reservoir Developments.

“It’s a piece of property not doing anything. It’s close to downtown which is important,” he said.

There’s lots of stuff we can do with the money.”

The develpper approached the city about the land in April.

City administration has been instructed to negotiate on a proposed limited partnership with the development company.

“The details have yet to be finalized, but the developer has offered the city an equity stake in the development of the site,” said Brett Bandy, the city’s real estate manager.

The Greater Vernon Water utility continues to have a concrete reservoir at the site.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

There has been COVID-19 exposures at two elementary schools in District 42. (Image courtesy CDC)
Interior Health reports 24 additional COVID-19 cases

This includes three school exposures in Kelowna

Ashton Hickson, firefighter with the BX-Swan Lake Fire Rescue, will be on scene Oct. 31, 2020, at one of two locations collecting donations for Muscular Dystrophy Canada. (RDNO contributed)
Fill your boots for Muscular Dystrophy: North Okanagan firefighters

BX-Swan Lake fire department hosting boot drive to boost funds for charity

Jack-o-lanterns will light up Spirit Square this Halloween in Armstrong a the Armstrong Spallumcheen Chamber of Commerce plans a fun spooky evening amid the COVID-19 pandemic. (Contributed)
Halloween fun planned in Armstrong Spallumcheen amid COVID-19

Movies, horrifying walks and tons of jack-o-lanterns will help mark the spooky season

October is Foster Parent Appreciation month. (stock image)
North Okanagan foster families applauded

October is Foster Parent Appreciation Month

The Med Restaurant was named the 2020 Business of the Year at the Greater Vernon Chamber of Commerce Business Excellence Awards Friday, Oct. 23, 2020. (Contributed)
Greater Vernon businesses honoured for excellence

Greater Vernon Chambers of Commerce has announced its 2020 Business Excellence Award winners

Provincial health officer Dr. Bonnie Henry arrives for briefing on the COVID-19 situation, B.C. legislature, Oct. 26, 2020 (B.C. government)
B.C. records 217 more COVID-19 cases, mask use urged

Infection spike continues, 21 senior facilities affected

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

A Summerland woman has set up an online fundraiser to provide backpacks to those being released from correctional facilities.(ca.gofundme.com)
Summerland woman raising money for backpack program

Backpacks will be distributed to those being released from correctional facilities

École de l’Anse-au-sable. (Google Maps)
15 cases of COVID-19 tied to Kelowna Francophone school outbreak

Three other schools in Kelowna are also dealing with potential exposure events

People march during a climate strike in Montreal, Friday, Sept. 27, 2019. THE CANADIAN PRESS/Graham Hughes
Judge rejects 15 youths’ climate change lawsuit against Canadian government

Justice Michael Manson has granted the government’s motion to strike the plaintiffs’ claim

A four-vehicle accident on the Bruhn Bridge in Sicamous destroyed two cars and a section of bridge guardrail but remarkably injured no one. (Sicamous RCMP Image)
Sicamous’ Bruhn Bridge site of two collisions

Although a total of five vehicles were involved, no one was injured

Steven Gardner in an Instagram selfie that contributed to his arrest.
Receipt plus Instagram selfie leads to arrest of Kamloops man

Steven Gardner is facing three firearms charges

A woman walks through check in at WestJet at Pearson International airport during the COVID-19 pandemic in Toronto on Wednesday, Oct. 14, 2020. THE CANADIAN PRESS/Nathan Denette
Strong support for pre-flight COVID testing ahead of upcoming WestJet trial: YVR

Airport is partnering with UBC, which is helping choose the method of pre-flight testing

(File)
Two more Kelowna flights flagged as having COVID-19 aboard

A flight from Vancouver to Kelowna and a flight from Kelowna to Edmonton have been identified

Most Read