District of Mission Regular Council Meeting Minutes 2025-10-20
City engages MBIC for municipal land management services
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Description
The City of Mission approved negotiations with Mission Bridgehead Investment Corporation to manage key real estate services, including acting as listing and buying agent, property manager, and development facilitator for City lands. Staff will also negotiate bare trust arrangements naming MBIC as beneficiary for select properties, with resulting agreements and an updated Delegation of Authority Bylaw to return to Council for approval.
Contract Details
Vendor
MISSION BRIDGEHEAD INVESTMENT CORPORATION
Agency
District of Mission, Canada
Contract Type
CONSULTING
Document Date
October 20, 2025
Renewal Info
Future Bare Trust and Agency Agreements for each property will be negotiated individually and brought back to Council for approval; term lengths and renewal provisions are not yet specified.
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