Union Bay residents to find out tax cost of new water treatment plant on April 25
BAY, B.C- The exact parcel tax amount that Union Bay residents will pay
for their new water treatment plant will be unveiled at the upcoming
annual general meeting.
That’s according to the chairperson of the Union Bay Improvement District (UBID), Ted Haraldson.
district has already put out a press release, indicating that parcel
taxes for Union Bay will be going up by $46 in 2020, to a total of $391,
in order to pay for the plant.
total cost of the water treatment plant project is $4.2 million, with
the district stating that $700,000 will be contributed from their Public
Works Capital Reserve, and another $3.5 getting borrowed and amortized
over the next 25 years.
However, the press release does not indicate how much of that $391 will be going towards the water treatment plant costs.
Last week, the MyComoxValleyNow.com
newsroom asked Union Bay administrator Gordon Mason for that amount,
and whether or not any other services provided by UBID would be
financially impacted by the costs of the treatment plant.
At the time, Mason said the information being sought was part of a business case supplied to district trustees “in-camera”.
information is considered confidential and has to be approved by the
board for release at an in -camera meeting in the near future,” said
Mason, in an emailed response.
“I anticipate this happening after the UBID election.”
if the additional $46 would be the only funds going towards the water
treatment plant from parcel taxes, or if that hadn’t been determined
yet, Mason said he couldn’t release that information until he had board
Reached for comment on
Thursday, Haraldson indicated that information would come at the annual
general meeting at Union Bay’s community hall on April 25th, 2019. He
explained that the information would be part of the audit of UBID that
is read at that meeting.
of Union Bay are also going to the polls this weekend to elect two new
trustees. The general poll will run from 9:00 a.m. to 6:00 p.m. at the
Bill Wood Room at the community hall.
More information on the four candidates and the election’s main issue can be found here: https://www.mycomoxvalleynow.com/52549/union-bay-merger-with-cvrd-looms-large-at-election-forum/
also clarified a notice recently posted to the improvement district
website, which appeared to be a press release from Union Bay Estates.
Haraldson stated that the release had come from the company, and had
been sent out in the mail as well.
UBID had posted the notice on behalf of the company.