The Âé¶čAV airport has more room for expansion.
The City of Âé¶čAV recently acquired a property at 4440/4444 Bulman Road, in support of the long-term land use strategy for the Âé¶čAV International Airport (YLW). The property is currently subject to an existing and continuing lease with the Okanagan Polo Club.
âThe purchase of this property was very important to guarantee the long-term success of the airport,â said Sam Samaddar, Airport Director. âWe need to ensure that we have the available land to support the future growth of YLW.â
Purchased for $3.99 milliion, this 78-acre property is a key acquisition, as identified in YLWâs Master Plan 2045. It secures long-term sustainability, as the airport continues to develop.
Funding for the acquisition was provided from the Airport Reserves, with no funding from general taxation, said the City of Âé¶čAV.
