NIC receives $4 million from hospital land sale

February 22, 2013

All the land needed for the new Comox Valley Hospital is now in the ownership of the Vancouver Island Health Authority (VIHA). The biggest portion -- just more than 11 acres previously part of North Island College -- was legally transferred last week after BC's advanced education ministry gave approval. The deal means NIC will receive approximately $4 million from the sale. In addition, says president Jan Lindsay, there will be a program development agreement with VIHA for student courses and training worth an additional $2.75 million. "Combined, these funds will be available to the college to use for capital projects and the development of health technology programs that have the potential to make North Island College a provincial leader in rural and remote health care," Lindsay says. Comox Valley Echo