'--..

'
NORTH SHvRt. RdlluNAL CCI UGE

INTi:R BOARD

A'. ·

AGiti.iliH~NT SUGG~TIONS

Uniform levy throughout
(1}

Capital:

(2)

OpeJ•ating:

Uniform mill rate
Uniform Nill rate

(3) College to provide students from Sechelt and Howe Sound
with one of:
(a) Transportation dail7
(b) Living Allowance
(c) Accommodation {residence)
(d) Such other subsidy as may a : pear necessar;y.

B.

Pro~rated

levy to outlying school districts No. 46 and No. 48

(1)

Ca1-·ital:

Uniform mill rate

(2')

Ope ·.·ating: Pro-rated on basis or students attending_, using
college enrolment at a fixed date in the previous year.

(.3)

Outlying School Districts No •. 46 and No. 48 responsible for
any subsid7 for students from their districts.
Alternatives to B (2) above:-

·l.S:tih of the

(a)

Ratio or Grade l2 enrolments aa at --October
previous year • .

(b)

20% to 25% of operating in uniform mn.rate, balance
pro-rated.

'··

!

r:--_

JANUARY 8, 1968

...

t

·COMPUfJtHON 'oF RENTAL CHARGE TO ·COMMUNI fl <X>LLEGE
FOR USE OF WEST VANCOUVER SEOJNDARY SQiOOL (MATilERS) BUILDING
AND VOCATIONAL FACILITIES
CRITERIA USED TO <X>MPUTE RENTAL:

1.

Required areas represent approximately 70% of the b~ilding.

2. · Replacement value of building per current apprai"sal, etc., is $1,924,757 .00.

3. Estimated life of building is 50 years.

~ .

4. Building use by College is 4 nights a week, i.e. 4/10 of .normal building usage.
~~}~tly use is appr9ximately same period of time as used b,y school duri~g the

5.

Replacement value of equipment per current appraisal, etc~, is $224,000.00.

6. Estimated life . of equipment is 10 years for peavy equipment, 5 years for light
equipment.

7. Heat, light and power charges are based on an estimate received from the
B.C. Jiydro and Power;·Authority anq by analysis of Shell (Canada) Ltd. account,
.'

8. Custodial services and supplies are based on requirements as advised by Col.
Inglis.

·

·

•..

I

.

9. Insurance requirements
are as advised by the Board's. insurance broker.
.
'

j ..

,_.

i

. '.. ·...

BUILDING:

·.·1

.. . .. ,,

, , · : • •.

•

·

't

.'

'.

Total cost of area used by Colleget
70% of $1,924,757.00
·
Annual. cost of area used by_Colleget
1/50 of $1,347,330.00
·· .

'

$1,347,330.

~

I

,· ·

Add provision for storage cupboards

•'

.'·

•·i

•I

' I . . ;·· . ·

Annual rental applicable to the Colle~ier .

4/10 of $26,946.00

,,

~

$

26,946 • .

·.... $

10,778.

::

·"'· '·, '

,...

'

•''

.

..

. t ,.

1,000.

·~:: : ~· ...~· :.<~: · :' :·:, · ;.1 _·:·;·
. ,. .

. ,.

''\

$11,778 •

'

.\

,i .._ . . I

EQUIPMENTt

. · · ·:··

'

I

.. .

Total cost of equipment used by Colleget
Annual cost of equipment used by Colleges
(Life of Heavy Equipment 10 years;)
(Life of Light Equipment · 5 years.)
Annual rental applicable to the. Colleget
4/10 of $39,800.00

'.

. $ 224J 000.
$ 39J8oo.

~

i.

·' r

...

.. $15,920.

OVERHEAD:

Extra annual cost for light and power for College:
Per B.C. Hydro advice
Extra annual cost for heat for College:
Shell (Canada) Ltd. - Mathers Building
$ 3,040.
1,600.
B.C. Hydro
- Vocational Wing

$

3, 697.
•.

4,640.
Extra annual custodial requirements for College:
Additional Staff - 2 men at $5~400.00 a year
Custodial supplies

10,800.
1,380.

Extra annual cost for maintenance & minor admin.
f or College :
Extra annual insurance requirements for College:

12,180.

7,000.
200.

27, 717.

~-

$55,415.

Estimated Annual Rental Applicable to Community College:

$55 ,000.

Estimated Monthly Rental Applicable to Community College:

$ 5, 500.