2018 Annual Report

Annual Report 2018 88 CHILLIWACK ECONOMIC PARTNERS CORPORATION Notes to Financial Statements (continued) Year ended December 31, 2018 14. Contractual rights: The Corporation is entitled to the following receipts under financial lease receivables, grants and rental agreements over the next five years: 2019 $ 1,861,529 2020 1,582,018 2021 1,132,667 2022 966,000 2023 966,000 Thereafter 793,000 $ 7,301,214 15. Segmented information: The Corporation is a diversified other government organization that provides a wide range of services, including: Property sales and construction Property sales and construction includes the proceeds and costs related to the development, sales of commercial industrial or institutional buildings and lots in Chilliwack and the construction or construction management of projects for other parties. Rent and contracted services Rent includes all activities associated with the rental of buildings and land owned by the Corporation. Contracted services includes all activities related to property management services. Economic development Economic development includes all activities associated with economic development activity in Chilliwack. 12