Where Are We Now
2022 is the first year for taxing properties on Hornby and Denman Island for the high speed internet service. It is proposed that a property assessed at $600,000 would be requisitioned $33 in 2022.
CityWest is currently finalizing its construction schedules and timelines with an aim to begin installing the infrastructure in 2022. As further details are provided on the milestones, CityWest will be engaging with residents. Further, the CVRD and CityWest will enter the contribution agreement that awards CityWest with the capital funding and also provides 20% of the revenue earned to the CVRD for grants and others forms of assistance that benefit residents and community organizations within the service area.
Milestones:
As project milestones are identified we will be sure to provide further details here. For more information on CityWest and their subscription service offerings visit here: www.citywest.ca
Background:
On November 27, 2021 a referendum for the proposed Hornby and Denman Islands high-speed internet initiative was held. The official results have been tallied and the community has voted in favor of moving forward with the project. 94% of voters were in favour of establishment of the service, authorizing the necessary borrowing and entering into an agreement with CityWest, the telecommunications service provider. Voter turnout was 55% of the estimated eligible electors.
Total project costs are estimated at approximately $7.6 million with 90 per cent being covered by grants. A community contribution of 10 per cent or $760,000 is required as part of the grant funding criteria.
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For more information call 250-334-6000 or contact us.