Posted in Kensington Coastal Pointe, Kensington Island Properties, Kensington Island Properties aka KIP Costanza, 34083 Yukon Inc., The Union Bay Community, UBID, Union Bay Estates, Union Bay Resorts

Did those of you who signed the petition get what you wanted? How’s that working for you?

Then we can always count on the guidance from those who have always supported Kensington Island Properties and told us about the ‘gift’ from KIP which turned out to be an interest free loan on a water treatment plant we wouldn’t own! https://www.bclocalnews.com/opinion/open-letter-to-union-bay-landowners/

So, you voted these guys in and what did they negotiate? 4 acres of land for the water filtration plant at the same elevation as our existing waterworks. they can’t claim credit for the land for the Firehall because that was negotiated in the Master Development Agreement with KIP .

4 acres of land. KIP promised $17.4 million to the community claiming they would raise the dam, install a water treatment plant, on and on. Was this even possible since we don’t own the land around the lake? Doesn’t matter since it was all bs.

The community got sucked in and here we sit paying for the water treatment plant and 4 acres of land in exchange for providing a monster development with our water – which no one knows what the capacity of the lake can provide. 3354 new doors would certainly make a difference.

This is what happened while we were locked out! An agreement with KIP that was negotiated without the knowledge of 2 of the 5 trustees until they had a draft. Sound familiar. These tools thought they had the right to exclude duly elected officials. Luckily, they were turfed out just a couple of weeks after this pic was taken.

KIP allowed the Water Infrastructure Agreement to lapse. It was KIP’s decision.

The ‘gift’ which violated our water license as it would exceed 1045 total connections if
500 were added to the roughly 700 already in existence.

https://drive.google.com/file/d/1KsgX-lRGHmsREM8jaUHbiZFNnSSaXsA1/view

Borrowing up to $4 MILLION which will add almost another $2 MILLION in interest totalling $6 MILLION. We still haven’t been advised what the cost is going to be and it appears it will make no difference. This board is going to commit us to an unknown amount of debt without consulting us first.

Remember the first figures provided at the Mar. 2018 Open Houses were wrong. According to the figures below, we would pay back a total of $2,054,160. Wouldn’t that be a great deal – borrow $2 Million and it only costs $54,160 in interest over 20 years. Remember, this person is handling all the finances…

 

Posted in aka 34083 Yukon Inc., Kensington Coastal Pointe, Kensington Island Properties, Kensington Island Properties aka KIP Costanza, 34083 Yukon Inc., The Union Bay Community, Union Bay Estates, Union Bay Resorts

Kensington Island Properties Mini Development – wow talk about shrinkage!

Development has shrunk – website has shrunk – contributions/promises shrunk.  The last incarnation:  https://allthingsunionbay.com/2016/04/05/anyone-else-notice-the-letter-from-jim-youngren-partner-of-34083-yukon-inc/

Under ‘what’s the next step’:

Once the terms of the MDA have been met, Kensington will submit an application to the provincial Ministry of Transportation and Infrastructure, as the primary regulatory body.

So what’s holding him up?

Posted in coal hill, Kensington Coastal Pointe, Kensington Island Properties aka KIP Costanza, 34083 Yukon Inc., The Union Bay Community, Union Bay Estates

Should There Be Health Warning Signs on Toxic Union Bay Coal Hills Adjacent to Union Bay Estates aka Kensington Island Properties Swanky Development?

Anyone remember this bullshit from KIP’s last website?  https://allthingsunionbay.com/2016/04/05/anyone-else-notice-the-letter-from-jim-youngren-partner-of-34083-yukon-inc/

I’m surprised at all the talk about KIP developing the waterfront and creek front in the first phase and no mention of the toxic site literally feet from the swanky development.  Anyone walking the coal hills knows the contaminated soil does not suddenly stop at the shoreline – it’s been spread out over an extremely large area surrounding the contaminated site by the tides and storms – a dead zone.

Took the following pic in 2013.  Is there any difference in the soil on the coal hills and the soil across the creek on the shoreline?

http://www.coalwatch.ca/sites/default/files/Coal-and-Health_CoalWatch_April2012.pdf