Tuesday, January 17, 2017

A kinder Kinder Morgan to BC Liberals via BCRail's Vancouver Wharves

$28,888.00 investment


Is there a 888 club?

8. 9, 10, 11, 12, 13, 14

It all started with Gordon Campbell 'selling' donating BC Rail to Kinder Morgan
Pacific Environmental Centre?????      Ending a toxic nightmare - The Globe and Mail

Long-term lease agreement with British Columbia Railway Company will revitalize port facility

NORTH VANCOUVER, BC, April 3 /CNW/ - The British Columbia Railway Company(BCRC) announced today that it has entered into an agreement with Kinder Morgan Canada Terminals ULC (KMCT) regarding a long-term lease to operate Vancouver Wharves, its bulk marine terminal in North Vancouver and the purchase the terminal assets, which include on site rail infrastructure, dry bulk and liquid storage, and material handling systems.

The 40-year lease agreement will see Kinder Morgan make much needed capital investments to revitalize Vancouver Wharves while retaining ownership of the underlying real estate on which the facility operates.

"This agreement will bring new investment and opportunities to Vancouver Wharves and its customers and will secure its future as an integral port facility for British Columbia", said Kevin Mahoney, BCRC President and CEO.

"After a rigorous selection process that included input from many of our customers, employees and other key stakeholders, BCRC has chosen to enter into a long term lease agreement with Kinder Morgan that will bring real benefits to our customers, our employees, our community and our province." Snip

 Globe and Mail  Apr. 04, 2007

plus 40  =   2047

Does anyone have any idea on what BC Rail will do with the property?  Maybe a 990 year lease to CNRail, eh

With much beating of Kinder Morgan's breasts about how it is spending millions of dollars in improvements to 'their' Vancouver Wharves     it turns out that its British Columbia's taxpayers are pouring the money in ...

BCRC will continue to be responsible for ALL capital investment in the Port Subdivision railway line.

Crown Agency Service Plans - BC Budget - Province of British Columbia

Jan 29, 2009 - responsible for the management of its long-term lease of the former BC Rail corridor lands ... Wharves marine terminal operating lease with Kinder Morgan Canada Terminals. ..... In May 2007, BCRC entered into a 40- year Operating Lease Agreement for the Vancouver Wharves facility, with Kinder. Morgan ...

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