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APRIL 29, 2016
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Vol. 70, Issue 79
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City to ask $250,000 for old fire hall TRE VOR CR AWLEY
The City of Cranbrook has reduced it’s asking price of the old firehall by $99,000, with the new sale point at $250,000, according to realtor Philip Jones. Part of the problem in the original pricing at $349,000 was that there wasn’t much compara-
ble sales of similar structures that could be found in the B.C. Assessment Authority. Jones suggested an independent appraisal, which the city did and subsequently readjusted the market price. “I know it seems like a big price reduction, but you have to look at
what the price was in the first place. In the real estate business, we try to put active pricing on properties and some
properties are more difficult than others,” said Jones. “That one was particularly difficult be-
cause there are no comparable sales that are anywhere close to it. It’s got a heritage value so part of the building
needs to be preserved. “In reality, the most economic plan for anybody developing that site would be to bull-
doze the building and start new, but that’s not in the cards.”
See FIRE HALL , Page 4
Pitch Fever
Niedermayers bought out Chynoweth family becomes lone shareholder of Kootenay Ice TAYLOR ROCC A
TAYLOR ROCCA PHOTO
From line outs to scrums, there was plenty of rough-housing and heavy-hitting chaos out on the pitches at Mount Baker Secondary School Thursday afternoon as Wild Athletics welcomed competition from Castlegar, Kimberley, Nelson and Trail for senior boys, junior boys and girls rugby. Above: A ball carrier from Castlegar’s Stanley Humphries Secondary School is hammered by a pair of Wild players moments after pitching a pass to a teammate in senior boys action. See page 9 for more photos.
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The Chynoweth family has become the lone shareholder of the Western Hockey League’s Kootenay Ice. The family, which previously owned 75.5 per cent of the franchise, has purchased the remaining 24.5 per cent of the club from Rob and Scott Niedermayer, as announced via press release Wednesday morning. “Now that we own 100 per cent we move forward, nothing changes, it’s no different than in the past,” Jeff Chynoweth, president and general manager of the Kootenay Ice, told The Townsman Wednesday morning. “We move forward from there. “It’s a business transaction that I felt, in talking to the league, I had to get it out from my perspective… Now people know the Niedermayers don’t own our hockey club.” Out of respect for the Niedermayer family and his own, Chynoweth declined to comment further on the nature of the transaction. The Chynoweths had previously been in discussion to sell their shares to the Niedermayers in June 2015, meeting the presented price, only to have the offer declined. Rob and Scott Niedermayer had been minority owners of the Kootenay Ice since 1998-99. Chynoweth reiterated the club remains committed to Cranbrook for the 2016-17 WHL campaign. See page 8 for the complete story.
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