THE LAND CONSERVANCY OF BC’S
EAGLE BLUFF SALE APPROVED BY THE SUPREME COURT OF BC
FOR IMMEDIATE RELEASE: April 1, 2014
The Supreme Court of BC has approved the sale of The Land Conservancy of BC’s Eagle Bluff in Oliver, B.C.
TLC purchased the 5.6 acre property in 2004 for $193,000, and in October 2012 the remaining $100,000 mortgage on the property was generously forgiven by the green lender.
The South Okanagan Rehabilitation Centre for Owls (SORCO) and the Burrowing Owl Conservation Society of B.C. (BOCS) each have a 99 year lease registered on the property.
SORCO is a registered B.C. society dedicated to the rehabilitation and release of injured birds of prey. BOCS re-establishes self-sustaining populations of Burrowing Owls in B.C.
In January, Jim Wyse submitted an offer of $50,000 to purchase the property which neighbours his vineyard, the Burrowing Owl Estate Winery. Wyse, Board Chairman and founder of the Burrowing Owl Estate Winery, is a member of the Board of BOCS and previous director of SORCO.
Upon approval from the court, Wyse transferred the title to the joint tenants, SORCO and the Burrowing Owl Conservation Society of B.C.
“To have played a role in preserving an endangered species of owls through TLC has been a rare privilege,” said John Shields, Director of Operations for TLC. “Knowing that will go on is our goal for the future.”
“This is what we want to see,” said Briony Penn, TLC’s Board of Directors’ Chair. “We are meeting our objectives – protecting the properties, finding the best home and paying down our debt. We are also hugely inspired by our members who have supported us with their continued membership, forgiving loans on this property and enabling this transaction to go through.”
About The Land Conservancy of BC:
The Land Conservancy of BC (TLC) is a non-profit, charitable Land Trust working throughout British Columbia. TLC’s primary mandate is to benefit the community by protecting habitat for natural communities of plants and animals. Founded in 1997, TLC is membership-based and governed by an elected, volunteer Board of Directors. TLC relies on a strong membership and volunteer base to help maintain its operations.
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Media contact: John Shields 250 479 8053