Page 21 - City of Chilliwack 2011 Annual Minicipal Report

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CEPCO
Chilliwack Economic Partners Corporation (CEPCO)
is a wholly owned subsidiary of the City of Chilliwack.
CEPCO’s Board of Directors consists of representatives
from local business people and community stakeholders.
The financial activities of this organization are consolidated
into the Economic Development section of the City’s financial
statements.
CEPCO’s role is to facilitate economic growth for the city of
Chilliwack. To accomplish this, CEPCO:
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Supports local businesses in achieving their growth
plans, also known as business retention and expansion
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Encourages businesses outside Chilliwack to establish
their businesses in the community.
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Engages businesses in key industries, such as
manufacturing, health care, technology, education, film,
aviation/aerospace, and agriculture.
CEPCO also facilitates strategies through partnerships with
many community and government stakeholders, as well as
CEPCO’s subsidiaries:
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Chilliwack Agricultural Commission
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Chilliwack Film Commission
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Chilliwack Aviation and Aerospace Planning Committee
CEPCO continues to be the lead agency involved in the
development of Canada Education Park. The redevelopment
of the former CFB Chilliwack lands presents numerous
benefits, as the park includes the:
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University of the Fraser Valley (UFV)
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Justice Institute of British Columbia
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RCMP Pacific Region Training Centre
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Canada Border Services Agency National Institute of
Learning and Excellence. (CBSA)
2011 HIGHLIGHTS
Canada Education Park
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Leasing space to CBSA for their scenario based training.
It is anticipated that they will require more space as their
program expands.
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CBSA completed construction of new modular firearms
range.
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UFV’s $40 million building project at Canada Education
Park nearing completion. Project includes 5,000 square
metres of renovation (Engineering Building) and 9,000
square metres of new construction.
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Construction of servicing infrastructure at the Park is
nearly complete.
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Working with UFV and the City of Chilliwack on the
redevelopment of UFV’s North campus.
Downtown Chilliwack
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Participated on City of Chilliwack Downtown Task Force
and the completion of the Downtown Chilliwack Plan.
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CEPCO and the City of Chilliwack purchased the former
Empress Hotel and demolished it to facilitate future
development.
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Sutton Group Showplace Realty opened the 15,000 sq.ft.
Sutton Downtown Business Centre. The facility is home
to Sutton Group Showplace Realty and Community
Futures South Fraser, as well as service businesses
including drafting and design, marketing, and home
insurance.
CEPCO
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