Kensington Island Properties Won't Go Ahead - In My Opinion

Time To Tell Kensington Island Properties to Get Lost.

Wow, hasn`t this tune changed.  Now, the developer is making it clear, the water is coming to the development and it`s up to everyone else to accommodate that  schedule.

Union Bay Improvement District owns the licence.  The Province issued the licence to Union Bay Improvement District.  How does this developer assume UBID doesn't own it! 

Why would the landowners of Union Bay even consider turning over the water licence, knowing we will then have to purchase the water as well as pay for the distribution?  Like I've stated many times, this development is not good for Union Bay.  We are still going to pay - this development is not giving us anything, in fact, it's going to destroy the area forever.  Won't it be lovely when it's a clone of Crown Isle?  That's what is being rammed down our throats.  

This developer has been nothing but bad news since arriving in Union Bay.  We have been screwed by this lot in my opinion.  

No one should be fooled by the Regional District claiming there have been no objections to the transfer of the water licence prior to this year.  No one can say any previous Board agreed with the transfer.  The powers that be, plan on forcing this through as though it's something that was not objected to - bullshit.  

If the province forces the turning over of our water licence, I would like to start a fund to challenge the water agreement between Kensington Island Properties and the Union Bay Improvement District. 

We have the power to halt this development until Union Bay is treated fairly, or tell KIP to take a hike.

We have the opportunity to make this right.  The Water Agreement between KIP and UBID will be challenged with 100% success expected.  The Agreement is worthless and all those involved KNOW it (in my opinion). 

Those interested know how to contact me. 

	Tuesday » January 24 » 2012
We're ready to roll, says KIP boss Philip Round Comox Valley Echo Tuesday, January 24, 2012 Developer Kensington Island Properties says it is ready and willing to start building Union Bay's new water treatment plant. KIP vice president Brian McMahon told the Echo yesterday the assets were already in store in Langley and available to be transported to the site. But until the issue of which local government held the water licence was resolved, they could not get going on the project. He stressed the issue of the licence had nothing to do with KIP, but they were eager for the province to resolve the standoff - and he believed that might happen as soon as the end of this week. "The bottom line is, the water licence is owned by the province. "It doesn't belong to Union Bay Improvement District or to Comox Valley Regional District. "The two parties are fighting over this, and it needs to be resolved by the owner. I believe the province will resolve it." The proposed Kensington development, which covers 845 acres, could eventually see more than 3,000 new homes built along with a premier golf course, commercial developments and a marina, making Union Bay a new focal point of the Comox Valley. McMahon is no stranger to delays on the mega project, having spent the past 13 years working to get the proposals approved, at times against legal challenges. Almost two years have passed since the last major hurdle was crossed, but since then actual building (as opposed to land clearance) has been in limbo while water issues have remained a source of much debate between other parties. http://www2.canada.com/comoxvalleyecho/news/story.html?id=7db0c03a-6823-4067-b96d-696f5e246f4d

Support for Kensington Island Properties in Union Bay is eroding like the Coal Hills.  It appears people are tired of the empty promises and the 'unusual' circumstances resulting in the present situation.

Union Bay isn't going to be 'stuck' with a deal, simply because of the actions of the developer.