Frequently Asked Questions (FAQ)

What are the benefits to the community?

• 19% increase in moorage space for resident boat owners.
• Critical structural upgrades; realignment and armouring of the east harbour perimeter and repairs to existing breakwater.
• Improved safety, potable water and sanitation.
• Economic revitalization from new retail and commercial services and beautification of the waterfront.

What are the total costs and funding sources?

• $6.5 million from $6 million loan and $500,000 Reserve Fund.
• Moorage fees will be increased to a rate comparable to that of other communities, covering debt payments and operation.

How will this project affect my taxes?

• It won’t affect Powell River tax rates.
  
  

What are the environmental impacts?

• Seabed will be dredged to provide minimum under keel clearances. Dredged material and inert demolition materials will be disposed of at sea as per federal regulations.
• Eel grass bed will be protected in accordance with the guidelines of the Federal Fisheries Act.
  
  

What are the timelines and next steps?

• 2007: Design completed; 2008: Loan bylaw approved
• Application for Disposal at Sea has been submitted (critical step); the Call for Proposals for float work and the Tender Package for demolition are being prepared.
• Fall 2010: Target date for commencement of work.