The parcel tax for the Anglemont Water was approved in 2012. After an exhaustive public consultation process which included letters being sent to every registered owner of property within the Anglemont Water Service Area, a referendum was held in the spring of 2012 asking eligible voters if they were in favour of the CSRD taking over the Anglemont Water System and whether they were in favour of incurring debt up to $9.8 million dollars to upgrade the water system to provide steady, consistent, potable water to all 1,300 lots in the service area.
The system had been in a state of disrepair for many years and would not have been "water ready" for many of the vacant lots, as it did not have the capacity to service those properties. The result of this referendum was a resounding number of eligible voters in favor of both propositions. Therefore, the CSRD took over the water system in July of 2012. Following the takeover date, construction started on the upgrade in the fall of 2012.
The parcel tax is applied to all lots, including strata lots, within that service area regardless of whether or not there are homes on the lot to fund construction, related debt and further infrastructure upgrades. The debt is being amortized over 25 years with debt amortization being only one component of the parcel tax.