UNION 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.
The 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.
The 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”.
“This 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.”
Asked 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 approval.
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.
Residents 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/
Haraldson 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.