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Vancouver (B.C.). Property Endowment Fund Board

Identity area

Type of entity

Corporate body

Authorized form of name

Vancouver (B.C.). Property Endowment Fund Board

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Description area

Dates of existence

History

The Property Endowment Fund and the Property Endowment Fund Board were created by Council resolution in 1975. The 5-member Board, which consists of the Mayor, two members of Council, the City Manager, and the Director of Finance, has the following purposes: to maintain or increase the City's ownership of strategic land in the City of Vancouver; to support the City's planning and development objectives; and to produce a reasonable return on the City's investment in properties consistent with the City's planning and development objectives. All decisions of the Board must be ratified by Council.

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General context

Relationships area

Related entity

Vancouver (B.C.) (1886-)

Identifier of the related entity

Category of the relationship

hierarchical

Dates of the relationship

Description of relationship

Vancouver (B.C.). Property Endowment Fund Board, is subordinate to: Vancouver (B.C.)

Control area

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Maintenance notes

subordinate to Council?