Mr. Gerard Duquet (Parliamentary Secretary to Minister of Transport):
The National Harbours Board advises as follows: 1. Yes.
2. 1,291,031.2 square feet.
3. (a) .0038cent per square foot; (b) nominal rental only established in 1953, $50 per year.
4. The only commercial leases which the National Harbours Board have in Coal Harbour are for tillable water-lots at an annual rental rate of six cents per square foot. Policy is that permits to fill waterlot areas are only issued provided tenant agrees to pay 8 per cent of market value as land on completion of fill as annual rental.
June 30, 1972
5. March 23, 1974.
Subtopic: ROYAL VANCOUVER YACHT CLUB