Did Kensington Island Properties aka 34083 Yukon Inc. Meet the Regional District Deadline by Today?

The two options the Regional District gave Kensington Island Properties aka 34083 Yukon Inc. Sept. 23, 2016.:

1. Kensington Island Properties develop a water agreement memorandum of understanding that complies with the master development agreement; or,
2. 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.