Kensington Island Properties aka 34083 Yukon Inc. Moving Ahead (AGAIN)

The round and round continuation.  We’ve been here before……

The revised MDA:  http://agendaminutes.comoxvalleyrd.ca/Agenda_minutes/CVRDBoard/BRD/12-Dec-17/20171208_Dyson_KIP_SR_Proposed_MDA_Revisions.pdf

http://www.comoxvalleyrd.ca/EN/meta/whats-new/news-archives/2017/kensington-island-properties-development-moving-forward-in-union-bay.html

Kensington Island Properties aka 34083 Yukon Inc. $5 Million Dollar First Mortgage on Union Bay Property

Thanks to the individual who sent me this info.

Gosh how things have changed since 2005.  Remember money bags was going to pay for everything.  They weren’t looking for investors; they budgeted for the remediation of the coal hills; paying for the water filtration system; build a sewage treatment plant Union Bay landowners would be able to hook into…….and on and on.

2017 KIP abandons the coal hill and violates the MDA by subdividing KIP’s contaminated section and sells to the province for a dollar.  Now you own it – good luck with that.

KIP promises to give Union Bay 2.2 acres of land for a firehall – originally 4 acres.  KIP promises to give 4 acres of land to Union Bay at the same elevation as the existing waterworks which does not provide sufficient pressure.  KIP promises to pay to adapt the water treatment plant to accommodate a second plant but landowners are footing the bill for the new water treatment plant.

These same Trustees promised their 66% landowner support that they would not have to pay and that they wanted the developer to pay.  Isn’t that what they ran and were elected on?  Isn’t that what the petition was about and Minister Fassbender appointing a Facilitator.  It was because KIP and his supporters wanted KIP to pay.  What happened?

http://mandatemortgage.com/archives/1253

 

An Update on Kensington Island Properties and the Coal Hill Transfer – VP Claims the Province Said “Now, we have to move now”.

Want to mention the new reporter with the Record is doing a very good job of covering a complicated matter.  It’s nice to see some factual news coverage for Union Bay.  Good job Scott.

Another quote to add to the chuckle bag.  Previous posts about this incident.  https://allthingsunionbay.com/?s=coal+hill

The Province made him do it!

http://www.comoxvalleyrecord.com/news/kensington-island-properties-sells-28-acres-of-contaminated-union-bay-land-to-the-province/

This is an email from the Regional District advising that KIP’s lawyer believed the developer was in compliance with the Master Development Agreement as of April 28, 2017.  How was KIP in compliance when mere weeks earlier violated the MDA by circumventing the local BC Ministry of Transportation and Highways office and staff who would have caught the problem?  The subdivision was submitted April 6, 2017 and approved April 26, 2017.  Right before the provincial election.

 

AND YET – from the Province’s Gregg Stewart P Geo, Manager Crown Contaminated Sites Program Ministry of Forests, Lands and Natural Resource Operations May 24, 2017:

 

Kensington Island Properties aka 34083 Yukon Inc. and Union Bay Improvement District New Water Agreement Published

Haven’t read this yet myself and yes there are 2 blank pages but that is how it appears on the Union Bay Improvement District website:  http://union-bay.ca/union-bay-improvement-district-and-kensington-island-properties-sign-a-potable-water-servicing-and-infrastructure-agreement-on-october-12-2017/

Union Bay Improvement District Administrator Advises of the Water Available From Kensington Island Properties aka 34083 Yukon Inc.’s Well (here we go again).

The more things change, the more they stay the same.  KIP’s managed to get this new Admin to regurgitate the bullshit about KIP’s well.  The new spin is that UBID will consider using this well for………..?????? No doubt the Admin has been told there is wonderful crystal clear water for hundreds of homes.  Hmm – is that true? 🙂

Remember at the March 2016 KIP meeting when Dave Cherry from VIHA had to correct KIP VP Brian McMahon and inform him only UBID can be the purveyor of water in the district?  Remember when McMahon stated he had water for hundreds of homes from this well?

Here’s the info on KIP’s well.

Is Union Bay Improvement District Being Sucked in Again By Kensington Island Properties aka 34083 Yukon Inc.?

Did UBID get sucked into yet another worthless agreement with Kensington Island Properties aka 34083 Yukon Inc., giving him until Dec. 31/17 to turn over land for the fire hall?

Will ‘Brian’ have a reason/excuse for wanting more time all the while encouraging UBID to continue to build on KIP’s land?

You would think anyone dealing with KIP would take every precaution to prevent the disregard displayed by this developer regarding written agreements and whether their signature is worth anything.

KIP recently, knowingly violated the Master Development Agreement:  https://allthingsunionbay.com/2017/09/26/update-on-kensington-island-properties-aka-34083-yukon-inc-violating-the-mda-by-subdividing-contaminated-coal-hill-section/

KIP Costanza with the following motto June 2015:

Because we’re dealing with government timelines don’t matter.

Although the UBID board announced again a water agreement was reached with ole KIP Costanza at their Oct. 12, 2017 meeting…. I don’t trust this developer based on his past actions of following through on basically nothing.

One of the reasons I’m skeptical is that it took from July 27, 2017 to Oct. 12, 2017 for KIP to sign the most recent agreement.  (June/July 2017 emails from gov’t officials show an attachment with a version 10)  What has been going on since the Admin stated at the July 27, 2017 meeting that he expected the documents back from ‘Brian’ within a few days?  Did ‘Brian’ stall all this time?

Another reason is the stipulation that KIP turn over the 4 acres to UBID for the permanent water treatment facility by Dec. 31/17.  What happens if this is not done by that date?  The board is awarding the contract to start construction and the Chair stated they might have shovels in the ground in the new year.  If UBID invests money into this project expecting a developer who is a serial delayer to suddenly change its spots and honour government timelines – will they simply allow him to delay/ask for an extension over and over again?

It’s no secret this developer wants to control the water in Union Bay.  Why do you think KIP insisted on upgrading the temporary system on his land (and owning the temporary treatment plant)in the 2011 Water Infrastructure Agreement?  Why do you think there is suddenly suitable land within the KIP development once UBID was going to build on land purchased and owned by UBID?  This board better have a backup plan in place if this deal falls through.

At the July 27, 2017 meeting, the Chair touted this agreement which included the 4 acres, 3 acres, 2.2 acres for the fire hall as something beneficial as UBID would be receiving the land right away rather than waiting to acquire it as stipulated in the Master Development Agreement.  So why did it change from right away to 2 years?  How is that beneficial now?

Lots of patting each other on the back just like April 2011.  Then the details started to emerge.  $1.9 Million Gift, $1.7 Million Gift, $1.4 Million Gift, $1.2 Million Gift,  $1.3 Million interest free loan.