The City of Campbell River has signed a deal to support water service for the Ripple Rock Estates housing development.
City council approved the deal Thursday night (Aug. 17) after going through a month-long public alternative approval process.
The only councillor to vote against the agreement was Tanille Johnston. She did not respond to a phone call from Vista Radio requesting comment.
During the public approval process, 19 people objected to the plan – far below the 2,963 electors or 10 per cent threshold needed to scuttle the deal.
Under the agreement, the city will be the licence holder and co-applicant for a well to supply the 188 lot strata development at North Island Highway and Race Point Road.
It will continue to hold the licence until 51 per cent of the lots are sold.
A city staff report notes the deal won’t cost the taxpayer any money. The agreement includes a clause indemnifying the city from any liability.
Ripple Rock Estates overlooking Seymour Narrows and Ripple Rock has been in the works for a couple of years. It will feature nearly 200 homes, a hotel and commercial space overlooking Seymour Narrows and Ripple Rock.
The first phase of development will be 26 lots with interior lots starting at $525,000 and oceanfront lots at $925,000, according to the developer’s website.