Tuesday, September 23, 2014

More interesting facts regarding the borrowing referendum

The question on the ballots will be: 

Are you in favour of the Regional District of North Okanagan adopting Bylaw No. 2629, being "Greater Vernon Water 2012 Master Water Plan Phase 1 Loan Authorization Bylaw No. 2629, 2014" which authorizes the Regional District of North Okanagan to borrow an amount not to exceed SEVENTY MILLION DOLLARS ($70,000,000.00) for the purpose of paying the costs to plan, design and construct the Phase 1 projects of the of 2012 Greater Vernon Water Master Water Plan.

Obviously, there is an extra "of" in the wording and it would be easy to correct. However, it cannot be corrected because:  
"The question was established by Bylaw (2628) – and that is the correct wording. "
Perhaps that is the problem with the MWP itself as well. Once it's approved by the Board no man can change it.

The other interesting part of the question is that it keeps referring to Phase 1. Below is a table from the 2004 Addendum identifying the various phases of the Master Water Plan. According to that table the current phase is Phase 2. Oh well, who is counting?

Note also the estimated costs: $35 M phase 1 + $53.60 M phase 2 total of $88.6 . Reality if the referendum is approved: $66 M plus $70 M = $136 M. The next phase, whatever that is called, will require a currently estimated $41 M more. Grand total barring additional unexpected costs: $177 M, a tidy some for irrigating agricultural crops.


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I have been a resident of Coldstream since 1976. I have had 15 years of experience on Council, 3 years as Mayor. As a current Councillor I am working to achieve fair water and sewer rates and to ensure that taxpayers get fair treatment. The current direction regarding water supply is unsustainable and I am doing all I can to get the most cost effective water supply possible.