Town of Princeton Agenda Packet 2026-06-17
Town Formalizes Shared Parking With School District 58
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Description
Princeton approved development and variance permits involving Nicola-Similkameen School District No. 58 to formalize shared parking for a new mixed-use project at 196 Vermillion Avenue and the existing Community Skills Centre. The revised covenant provides 16 parking stalls to each party on the School District’s 162 Tapton Avenue lot.
Contract Details
Vendor
NICOLA-SIMILKAMEEN SCHOOL DISTRICT NO. 58
Agency
Town of Princeton, Canada
Contract Type
OTHER
Document Date
June 17, 2026
Contract Term
Parking covenant and related Development Permit DP-2026-04 and DVP-2026-04 lifespan
Renewal Date
2028-06-17
Renewal Info
Revised parking covenant replaces a 1997 covenant and sets new stall allocations; duration is tied to land title until amended or discharged. Development permits lapse if construction does not substantially start within two years of June 17, 2026.
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