Insurance for the Terra Ridge strata in Williams Lake has increased by almost four times since the city issued a state of local emergency for the neighbourhood due to a slow-moving slide “The average unit here is having to pay $5,000 a year up from about $1,300,” said Brad Follack, chair of the strata council. “We had to renew here about three weeks ago for a year.” For the previous year they budgeted for $125,000 for the 80 units. That has gone up to $415,000. Read the article…………………………….
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