FRIDAY January 18, 2013 Vol. 28•No. 6 ••• $1.25 inc. H.S.T.
COMOX VALLEY
ARTS
SPORTS
Current Swell members no longer live under one roof, but they’ll be under the Sid Williams roof for a performance. page B2
Comox Valley player Taylor Green will help Canada take on the rest of the baseballplaying world. page B9
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Developer’s idea never did‘mesh’ Scott Stanfield
out a final draft of the document that guides growth Record Staff over the next 20 years. Early in the process, The chair of the regional district board says a devel- Grieve notes, it was decided oper’s plan to a create a that Settlement Expansion riverfront community near Areas would be contained Stotan Falls does not jive to the periphery of municiwith the Regional Growth palities, enabling growth to occur next to servicing and Strategy. “It was unfortunate,” transportation. “Basically, this developEdwin Grieve said of 3L Developments’ plan to con- er’s idea didn’t mesh from struct homes and develop the get-go,” Grieve said. “It was certainly trails at the nothing perconfluence of When you sonal.” the Puntledge Because and Browns look at the map the RGS is rivers. The of the Regional reviewed every proposal had five years, 3L also included a Growth Strategy, can apply for parkland dedi- you can see we’re an amendment cation. trying to direct to consider the “When you proposal. look at the map growth in the core The comof the Regional areas, closer to serpany has said Growth Strat- vicing and close to it offered to egy, you can transportation. donate the see we’re trying to direct Edwin Grieve land to the CVRD. Howgrowth in the core areas, closer to servic- ever, to Grieve’s knowledge, ing and close to transpor- 3L has not filed a formal tation. This just basically application. The company is now didn’t fit, and it wasn’t supported either by the munic- offering to sell the land for ipalities or by the residents $9 million, with 3L possibly of Area C. The idea was to “carrying a portion of the keep urban sprawl on the purchase price,” as stated south side of the Puntledge in a letter to the district. The offer includes Stotan River.” The Province had man- Falls and Bull Island. 3L plans to close Stodated the board to develop an RGS for the Valley in tan Falls and surrounding 2008 when Grieve was first trails indefinitely due to elected to the CVRD board. liability issues. Trail users At that time, there was a could sue the company in moratorium on develop- case of an accident, spokesment until the board could man Kabel Atwall said in a develop a long-range plan. recent interview. reporter@comoxvalleyrecord.com A mediator helped hammer
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BRIAN
MAKING A VIDEO Jesse Ruben and École Puntledge Park Elementary students create a music video for Ruben’s song We Can. Ruben came from New York because the school was inspired by his song. He also worked with students on their I Can projects at Puntledge Park, Huband and Queneesh elementary schools as well as Navigate Powered by NIDES. He will perform at Queneesh Jan. 18 at 6:30 p.m. PHOTO BY RENEE ANDOR
Fraud alleged in Sage project Sid theatre Record Staff The B.C. Securities Commission has accused three men of defrauding investors in the failed Sage Hills development in Royston. In a notice of hearing, the BCSC alleges that Theodore Robert Everett, Leonard George Ralph and Robert H. Duke, and two B.C. companies, committed fraud and illegally distributed securities. The notice alleges that between 2002 and 2011, Independent Academies Canada raised $7.3 million from at least 150 investors to develop a business concept combining sports, educational, wellness and residential components into one complex. In 2006, IAC purchased the
2,083-acre Sage Hills property. Everett, Ralph and Duke are all directors and officers of IAC. In a news release, the BCSC says at least 122 investors had spent nearly $6 million. IAC filed 36 exempt distribution reports purporting to rely on exemptions from prospectus and registration requirements. The commission contends that only 15 of the investors qualified for an exemption, thereby rendering much of the distribution illegal. In 2009, foreclosure proceedings were commenced against the property. The notice alleges the respondents committed fraud by failing to disclose this information while continuing to market and sell IAC securities to 61 investors, raising about $1.49 million.
lacks cash Erin Haluschak Record Staff
In order to avoid a budget shortfall of $35,000 to $40,000, the Sid Williams Theatre Society has asked Comox council for an increase of $10,000 in grant funding. At Wednesday’s council meeting, Catherine Miller, president of the SWTS, explained 2012 was a baseline year for the society, as it was the first full year of working within structural ... see IN SPITE ■ A3
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