The two options the Regional District gave Kensington Island Properties aka 34083 Yukon Inc. Sept. 23, 2016.:
- Kensington Island Properties develop a water agreement memorandum of understanding that complies with the master development agreement; or,
- Kensington Island Properties negotiate revisions to the master development agreement.
So KIP was advised in Sept. of 2016 and the following is from March 1, 2017:
To date, KIP has not provided the CVRD with details of its intention towards either of those options.
According to chair Jacques report on the June 2016 MOU:
The previously mentioned MOU was not activated and became null and void.
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