Please check here for the latest information on proposed improvements to Kemp Lake Waterworks District!
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November 15, 2018
Kemp Lake Water Source Replacement Project Update
Installation of the actual water main along West Coast Road is nearing completion after which time pressure and bacteriological tests will be performed. Site preparation for, and construction of the pump house is scheduled to begin in the next couple of weeks pending all permits and approvals being received. Anticipated completion date for the project is towards the end of January 2019. Only at that time will all the pieces be in place to start using CRD water instead of water from Kemp Lake.
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July 20, 2018
Ref: Bylaw 194 Authorizing the borrowing of $2,000,000 for funding the Kemp Lake Water Source Replacement Project (Connection to CRD water)
Property tax notices have been sent out, and the District is receiving numerous calls.
All properties owners are seeing an additional $305 (per unit) on their tax notices – this is to service the loan required to pay for the Kemp Lake Water Source Replacement Project under Bylaw 194.
For 2018 the regular tax was increased to $150 (per unit) in anticipation of the project getting underway at some point in 2018. The outcome of the AAP which closed on June 8th determined approval for the project and the project was started immediately. Given that the project is underway and targeted for completion by the end of 2018 it was determined that an additional $305 (per unit) would be required from tax revenue to make payment on the loan.
The interest rate to be charged by the bank will not be known until the project is complete and the final cost established (rate of the day on that day), and will be guaranteed for ten years (amortization 25 years). For purposes of calculation the District is using the rate of the day today up to 5.5% in determining how much money will be needed to service the debt.
This information was shared at the KLWD Open House held on May 27th, 2018.
For further information please click on the link below.
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June 10, 2018 - CRD WATER CONNECTION UPDATE
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CRD Water Connection AAP Results Update
The Kemp Lake Waterworks Alternative Approval Process closed at 4pm on Friday June 8th.
The results of this process are that there were only eight Alternative Approval Elector Response Forms returned. In order to stop the district from proceeding with the proposed borrowing bylaw, a total of 51 valid Alternative Approval Elector Response Forms was required. This low number of responses indicates to us an over whelming support for this project and the long term funding to finance it. As trustees, we greatly appreciate this support.
Under the direction of Joshua Craig, of the provincial ministry that over sees our local improvement district, the trustees held a special meeting and passed the borrowing bylaw. The 2018 Tax bylaw was also passed with the additional costs of the borrowing included in the tax rates.
Our contractor for the connection project was also notified and given the go ahead to start the actual construction. A lot of preparation work for the project had already been carried out and we have the necessary construction permits from the Ministry of Transportation and Infrastructure (MOTI) (highways) as well as the Vancouver Island Health Authority (VIHA).
Project construction is well under way on West Coast Road. We understand that this is causing varying levels of inconvenience will do so over the next few months and we ask for your patience during this construction time. Please watch out for construction signage and the workers. Allow some extra travel time when using West Coast Road.
For some question and answers about the project from the open house and other contacts, please click on the link below.
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