School District 62 proposes to purchase public land located on Ryder Hesjedal Way for the appraised value of $1,090,000 so that it can be used for parking and/or recreation. This particular property is subject to geotechnical limits, and as such is not suitable for buildings or structures. 

Proceeds of the sale will be placed into a capital projects reserve funds to contribute to the acquisition of field sites adjacent to the planned elementary school in Royal Bay.