Northside Community Recreation Centre Addition Alternate Approval Process

The qathet Regional District (qRD) has secured grant funding up to $4,199,082 through the Investing in Canada Infrastructure Program – Community, Culture and Recreation Infrastructure Stream to construct an attached addition to the Northside Community Recreation Centre, located at 9656 Larson Road. The new Northside Community Recreation Centre addition will provide an additional 6920 square footage of shared program space, which includes a half court gymnasium, stage, accessible washrooms, and reception area as well as an updated commercial kitchen within the existing building. The facility will be fully accessible to pedestrians, wheelchairs and strollers.

 

Based on a feasibility study, the new building is estimated to cost between $4 million and $5.7 million. $569,184 of the Northside Recreation non-statutory reserve are planned to be used to help offset project costs.

 

The Investing in Canada Infrastructure Program – Community, Culture and Recreation Infrastructure Stream runs on a cost share basis with Canada and British Columbia combining to contribute 73.33 per cent of the eligible project cost and the qRD required to contribute the remaining 26.67 per cent, plus any overruns. To proceed with collecting the project funding, the qRD will need to borrow up to $1.1 million from the Municipal Finance Authority.

 

The Northside Recreation Loan Authorization Bylaw, which is required in order to borrow funds for the project from the Municipal Finance Authority, details the loan amounts, payments and term of the loan. The bylaw is currently at third reading and has received provincial statutory approval. Financing debt payments are proposed over a 30 year period to minimize the annual impact on residential tax rates. Pending final costing, which includes building construction and the amount of debt financing required, annual debt payments are projected between $34,000 and $69,000. The annual debt payments will result in an increase in the residential tax rate per $100,000 of property value for all property owners within the Northside Recreation service area.

 

The next step for the project and in accepting the funds will be for the qRD to seek approval by way of an alternate approval process, from the participating service community to commit to borrowing up to $1.1 million to complete the community centre addition.

 

TAX IMPACTS

Debt payments are proposed over 30 years. The Municipal Finance Authority currently projects the 20 year borrowing rate at 4.67%. A risk adjusted rate of 6% was used to project the annual payments. The long term debt payments are projected at $95,000 per year. The total annual debt payments will mean a residential tax rate per $100,000 to property owners within the Northside Recreation Service area as follows:

 

Form of Debt

 

Debt Amount

 

Annual Payment

 

Residential Tax Rate per $100K *

Long Term (30 Years) $1,100,000 $95,000 $8.68

* Residential tax rates are based on BC Assessments 2022 revised roll values.

 

Because the proposed borrowing agreement is for more than five years, the Regional District must obtain the approval of the electors in the Northside Community Recreation Service Area in accordance with the Alternate Approval Process set out in the Community Charter and the Local Government Act. Under this process, any eligible elector within the Northside Community Recreation Service Area who objects to the proposed loan authorization bylaw and borrowing agreement may register their objection by signing an Elector Response Form and returning it before the Thursday, February 2, 2023 deadline, as set out below.

 

 

How you can get involved
Participate in the Alternate Approval Process

Those who own property within the Northside Recreation service area are invited to participate in an Alternate Approval Process that will determine the level of local desire for committing to borrow up to up to $1.1 million to complete the community centre addition.

 

Elector Response Forms:

 

  • Electors wishing to OPPOSE the proposed 30-year borrowing agreement must use the Elector Response Form supplied by the qathet Regional District.
  • Copies are available at the Regional District office [address provided below].
  • Only one signature is permitted on each form.
  • It is permissible to make copies of the Elector Response Form to distribute to other electors, provided the form is copied prior to being signed so that only forms with original signatures are submitted.
  • Only eligible resident and non-resident property electors within the Northside Community Recreation Service Area are entitled to sign an Elector Response Form.

Elector Response Forms may be submitted in person or by mail to the Corporate Officer at the address listed below, and MUST BE RECEIVED AT THE REGIONAL DISTRICT OFFICE NO LATER THAN 4:30 PM, Thursday, February 2, 2023.

 

Postmarks WILL NOT be accepted as date of submission. Forms MAY NOT be submitted by fax or email.

AREA TO WHICH THE ALTERNATE APPROVAL PROCESS APPLIES

Northside Recreation Service Area which includes a portion of Electoral Area A. A map of the service area is available for viewing by visiting the Regional District office at the address can be found here.

 

Eligible Electors: 

 

An eligible resident elector for the purpose of this Alternative Approval Process is a resident who meets all of the following

criteria:

  • is age 18 or older;
  • is a Canadian citizen;
  • has been a resident of British Columbia for at least six months;
  • is a resident of the Northside Community Recreation Service Area and,
  • is not disqualified from voting by the Local Government Act or any other act.

A non-resident property elector who meets all of the following criteria is also an eligible elector:

  • is not a resident of the Northside Community Recreation Service Area;
  • is age 18 or older;
  • is a Canadian citizen;
  • has been a resident of British Columbia for at least six months;
  • has been a registered owner of real property within the Northside Community Recreation Service Area for at least 30 days; and,
  • is not disqualified from voting by the Local Government Act or any other act.

NOTE: In the case of multiple owners of a parcel, only one of the owners may vote as the non-resident property elector for that parcel with the authorization of a majority of the remaining owners. Properties owned in full or in part by corporations are not entitled to vote.

 

Drop us a line

qathet REGIONAL DISTRICT OFFICE
#202 – 4675 Marine Avenue, Powell River, BC V8A 2L2
Monday to Friday, 8:30 am-4:30 pm, except statutory holidays
Phone 604.485.2260   Email: administration@qathet.ca