Property Disposition - District Lot 9 Lands

To obtain council approval to dispose of City-owned property located within the Regional District of Nanaimo known as District Lot 9 to the Province of British Columbia as represented by the Ministry of Indigenous Relations and Reconciliation for the purpose of transferring the land to Snuneymuxw First Nation.

That Council: 1. approve the disposition of District Lot 9 to the Province of British Columbia as represented by the Ministry of Indigenous Relations and Reconciliation for $1,455,000; and 2. direct the Mayor and Corporate Officer to execute the necessary documents to affect the transaction.