McNeill is in the money

Insurance dividend and Community Forest monies accepted by Port McNeill Council.

PORT McNEILL—The matter of municipal governance is commonly thought to be votes on how to spend money collected from local taxpayers.

During its last meeting, however, Port McNeill’s Town Council was happy to vote to accept funds.

First on the agenda was a $2,594 dividend cheque from the Municipal Insurance Association of BC, which covers the Town and other municipalities in the province against potential liability claims.

Beginning in 2002, MIABC began returning money to member communities by subsidizing reinsurance costs.

“Essentially what they’re doing is they’re making sure that we — and they — are covered,” Mayor Gerry Furney explained. “Obviously, if they’re overcharging a bit, for safety sake, at least it’s paid back when we can go through a season without any major claims.”

Town administrator Sue Harvey confirmed to council that there were no liability claims against the Town in the past year.

 

Community Forest

Council was also notified the Town had received its second $100,000 deposit in as many years from the North Island Community Forest, and voted to place the money in a reserve account that will provide matching funds for infrastructure and other potential grants.

The Community Forest is a joint venture owned in partnership by the Village of Port Alice, the District of Port Hardy and the Town of Port McNeill, and established in 2011 under the management of an independent board.

Sales of timber from the forest have provided both a working capital fund and dividends, in equal shares, to the three partner communities.

“At the AGM they said it was very favourable that we could get another (cheque) before the end of the year,” coun. Shirley Ackland said. “Part of the reason is (the board) can only keep $350,000 in their operating fund. And the last block they cut, they got it at a good price, before any of the prices had fallen.”

The 2014 funds will be added to the $100,000 Community Forest distribution from 2013 and placed into the reserve account established by council vote at that time.

“The benefit I see to it is it gives us reserves — fairly healthy reserves — without having to increase taxes to create reserves,” said Furney. “I have a bit of a problem when people start taxing for something that we have no idea what we’re doing with the money.”

 

Just Posted

Black Press file photo
RCMP seek suspect in Vancouver Island-wide crime spree

Crimes stretched from Deep Bay to Qualicum, Ladysmith, Chemainus and Youbou

Things are looking up for Vancouver Island as zero COVID-19 cases have been reported for the first time since October. THE CANADIAN PRESS/Darryl Dyck
Island records zero new COVID-19 cases for the first time since October

For the first time since October, the province is reporting zero new… Continue reading

Black Press Media file
Port Hardy RCMP on the hunt for porta-pottie arsonist

The porta-potties were lit on fire early in the morning on June 13

Eke Me-Xi students enjoy a field trip to Malcolm Island. (Submitted photos)
Eke Me-Xi Learning Centre takes field trip to Malcolm Island

Once at Bere Point, students made themselves at home in the day-use area

Mount Waddington Regional Fall Fair logo
Mount Waddington Regional Fall Fair cancelled again due to COVID-19 restrictions

The 2022 fall fair is still scheduled to take place in Port Hardy

Marco Mendicino, Minister of Immigration, Refugees and Citizenship during a press conference in Ottawa on Thursday, May 13, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Canada to welcome 45,000 refugees this year, says immigration minister

Canada plans to increase persons admitted from 23,500 to 45,000 and expedite permanent residency applications

This undated file photo provided by Ernie Carswell & Partners shows the home featured in the opening and closing scenes of The Brady Bunch in Los Angeles. Do you know the occupation of Mike Brady, the father in this show about a blended family? (Anthony Barcelo/Ernie Carswell & Partners via AP, File)
QUIZ: A celebration of dad on Father’s Day

How much do you know about famous fathers?

Emily Steele holds up a collage of her son, 16-year-old Elijah-Iain Beauregard who was stabbed and killed in June 2019, outside of Kelowna Law Courts on June 18. (Aaron Hemens/Capital News)
Kelowna woman who fatally stabbed teen facing up to 1.5 years of jail time

Her jail sentence would be followed by an additional one to 1.5 years of supervision

Cpl. Scott MacLeod and Police Service Dog Jago. Jago was killed in the line of duty on Thursday, June 17. (RCMP)
Abbotsford police, RCMP grieve 4-year-old service dog killed in line of duty

Jago killed by armed suspect during ‘high-risk’ incident in Alberta

The George Road wildfire near Lytton, B.C., has grown to 250 hectares. (BC Wildfire Service)
B.C. drone sighting halts helicopters fighting 250 hectares of wildfire

‘If a drone collides with firefighting aircraft the consequences could be deadly,’ says BC Wildfire Service

A dose of the Pfizer-BioNTech COVID-19 vaccine is pictured at a vaccination site in Vancouver Thursday, March 11, 2021. THE CANADIAN PRESS/Jonathan Hayward
NACI advice to mix vaccines gets varied reaction from AstraZeneca double-dosers

NACI recommends an mRNA vaccine for all Canadians receiving a second dose of a COVID-19 vaccine

A aerial view shows the debris going into Quesnel Lake caused by a tailings pond breach near the town of Likely, B.C., Tuesday, Aug. 5, 2014. THE CANADIAN PRESS/Jonathan Hayward
Updated tailings code after Mount Polley an improvement: B.C. mines auditor

British Columbia’s chief auditor of mines has found changes to the province’s requirements for tailings storage facilities

A North Vancouver man was arrested Friday and three police officers were injured after a 10-person broke out at English Bay on June 19, 2021. (Youtube/Screen grab)
Man arrested, 3 police injured during 10-person brawl at Vancouver beach

The arrest was captured on video by bystanders, many of whom heckled the officers as they struggled with the handcuffed man

Most Read