Land title office rejects test lease for West Beach project

Here is the most recent news story on the proposed controversial Adams River mouth development. On January 9th, we should learn more about the fate of this development when Justice Sigurdson releases his judgement regarding the zoning issue and whether or not West Beach continues to receive court protection from bankruptcy.

Land title office rejects test lease for West Beach project

November 29, 2011

By Cam Fortems
Daily News Staff Reporter

The provincial land title office has rejected a test lease submitted by Kamloops developer Mike Rink for the proposed West Beach project.
But Rink said Tuesday he is in discussion with lawyers and expects to resolve any problems with the proposed RV titles. Discussions are also ongoing with the provincial land title office.
“I don’t view it as a setback. I view it as a bump in the road.”
Dave McMillan, a Kamloops lawyer representing suppliers at West Beach owed $750,000 for unpaid services and supplies, said Tuesday the notice is a blow to the project.
“If the lease can’t be registered, the structure of this development collapses.”
The ruling from the land title office may be appealed to B.C. Supreme Court.
Some of Rink’s real estate holdings, including West Beach, remain under court-ordered protection of the Companies’ Creditors Arrangement Act.
An earlier proposal to develop a resort at the former Cottonwoods Campground beside Adams River was turned down in a public hearing that received national attention.
Undaunted, Rink came back with a new proposal for 165 RV sites. When the legal status of proposed 199-year leases for one-metre by 2.5-metre garden sheds — along with the right to occupy an RV pad beside it — came under question, lawyers for Rink submitted a test property title to the provincial land titles office.
But the office based in Kamloops replied with a notice declining to register, ruling the proposed title is not valid in B.C.
In coming weeks the court is expected to rule on an application to extend the CCAA process.
It will also rule whether West Beach meets zoning set out by Columbia-Shuswap Regional District.
McMillan said that decision, along the land title question, are crucial to Rink’s ability to continue marketing and development at West Beach.
Rink’s companies went into protection last year. West Beach was the principal project forecasted by an outside evaluator to make money for creditors.
Rink also continues to develop the partially completed Mission Hill project in Kamloops.

Copyright 2011 Glacier Media Inc.