This is a public notice under sections 213 and 217 of the Community Charter. Bowen Island Municipality intends to install a new treated water reservoir tank to service the users of the Tunstall Bay Water System. This tank will make the water system more resilient by increasing the water supply buffer and providing enough storage to support flows needed for fire protection.
We intend to borrow $655,530 from the Municipal Finance Authority with a 5-year maximum repayment term to fund this capital improvement. The loan would be re-paid in full by means of a local service tax. If your property is within the local service area (outlined in blue), you will be subject to a local service tax of approximately $950 per year, for the next five years (2022-2026).
Council may proceed with establishing this service unless more than half of the landowners representing at least 50% of the assessed value of the land and improvements (buildings) that would be subject to the local service tax, petition against the service by December 16, 2021.
Additional information to supplement the notice
Community Charter s. 213 Local area service on council initiative- subject to petition against
Loan Authorization (Tunstall Bay Water Reservoir Tank) Bylaw No. 555, 2021 (first reading given)
Staff Report – Loan Authorization Bylaw No. 555, 2021 – October 25, 2021 Council Meeting
Tunstall Bay Local Advisory Committee – September 9, 2021 Meeting Agenda
Communication to Tunstall Bay Water System subscribers – September 3, 2021
How to respond to this notice
If you own property within the local service area and you are IN FAVOUR of the financing plan for this project, no action is necessary.
If you are NOT IN FAVOUR, you may petition against this financing plan:
- Confirm that your property is within the local service area
- Complete a Petition Against Response Form
- Submit the form to the Corporate Officer by 4:00 pm on December 16, 2021
In person or by mail to Municipal Hall, 981 Artisan Lane, Bowen Island, BC V0N1G2
By e-mail to bim@bimbc.ca
By fax to 604-947-0193
This notice has been mailed directly to all properties in the Tunstall Bay local service area, and publicly posted as of November 4, 2021.
Questions? Please contact the Corporate Officer at 604-947-4255 or bim@bimbc.ca.