—Regardless of the option the assets and liabilities will remain with the community ratepayers
—Based on the available information and assumptions in the study, conversion to a Regional District local service is estimated to be cost neutral (with a potential small cost savings depending on labour costs).
—Conversion to a Regional District local service would mean the dissolution of the UBID Board of Trustees, but
—Conversion to a Regional District local service would provide access to a larger pool of expertise
—Conversion of the Fire Service would involve the provision of an annual operating grant from the CVRD to the Union Bay Volunteer Firefighters Association
—Although the analysis was based on the UBID 2020 budget, there will be additional costs under either option
—Costs for watermain replacement could increase under the conversion option, due to the CVRD’s higher level of service for watermain repair. However,
For more information, please refer to the UBID website (www.union-bay.ca) under “UBID Governance Review” or e-mail your questions to : UBIDgovernance@urbansystems.ca