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COMMUNITY STRUCTURE

Sun Rivers is served by the CSROA (Community of Sun Rivers Owners Association),designed to meet the needs of the community over the long term. Common interests of the residents are addressed through a community association and representative neighbourhood associations. www.mysunrivers.com

The CSROA Board of Directors administers the Community guidelines and manages the common interests, lands and amenities for the benefit of residents. Every neighbourhood at Sun Rivers has architectural design guidelines to ensure investor certainty and enduring value over time.

Similar to a strata-title development all owners pay a community common area maintenance fee which provides for the resort level of maintenance and community amenities such as the entrance landscape and water feature, paths, street lighting, community decorations etc.

Each Neighbourhood Association is represented at the Community level (CSROA) by the Neighbourhood President. The Board of Directors for each neighbourhood administer their neighbourhood guidelines and manage the common interests within their neighbourhood. Residents in adult communities and townhome neighbourhoods pay additional costs for their neighbourhood fees as they typically have more common areas and services within their neighbourhood. These fees may include individual property landscaping, neighbourhood landscaping, shared exterior and roof maintenance such as in townhomes, and other convenience and lifestyle services that may be specific to their neighbourhood.

Sun Rivers Community and Leasehold Structure information
CONSTRUCTION

At Ladera, special attention has been paid to environmentally superb technologies. Approaching Step code 4, ICF (insulated concrete foundations),humidity control, geothermal heating and cooling, dual water systems, safety and security are only a few of the thoughtful construction elements.

Artitects discussion with blueprints
Features and Finishes information
Floor Plans
Triplex LayoutFloorplans for A1 unitsFloorplans for A2 unitsFloorplans for A3 unitsFloorplans for B1 units
THE LEASE

In 1995 the Tk’emlups First Nation made an important economic development decision and voted by a landslide margin of 74% to sell the leasehold interest in the site now known as Sun Rivers. This provided for a portion of its reserve land to be reverted back to the federal government to be held jointly with the First Nation for leasing. Today this prime parcel of real estate overlooking the City of Kamloops and South Thompson River has become Sun Rivers, one of Canada’s most innovative resort communities. Experts consider this lease agreement to be one of the most comprehensive and secure ever established.

Sun Rivers holds the 99-year head lease and the head landlord is ‘His Majesty the King in right of Canada’ (the Crown). The lease has been structured to most fully protect the investments of the homeowners, the investors, the lenders and Sun Rivers. Purchasers secure their interest through the purchase of a registered leasehold title which secures their interest for the term of the lease in accordance with the rights and obligations outlined in the lease.

Sun Rivers overlookign the Thompson River at sunrise
LOCAL GOVERNMENT

The Tk’emlúps te Secwepemc First Nation is the local government and like any municipality collects property taxes and provides and arranges for services to the community. Services include 911, fire protection, police protection, library access, schools and busing, paramedic and ambulance service, hospitals and public health and recreation in the City of Kamloops.

Services are provided through the First Nation and a number of servicing arrangements with service providers such as the City of Kamloops and Corix Multi-Utility Services.

Property taxes are paid to the Tk’emlúps te Secwépemc First Nation. The precedent-setting Head Lease, Sub-Lease and Master Development and Servicing Agreement clearly sets out the process by which taxes for services are levied. Sun Rivers’ residents pay property tax rates that are reasonably comparable to the City of Kamloops rates. The rate setting is based on assessed values determined by the BC Assessment Authority. Sun Rivers residents are eligible to apply for Homeowner grants.

Sun Rivers is outside the City of Kamloops boundaries but within the boundaries of the TNRD (Thompson Nicola Regional District). Sun Rivers residents may vote in the TNRD elections.

Kamloops with sunset in background
Ladera Community Plan

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