If you want the checkbox to stay there but not be checkable you can just use
Code:
<tr>
<td>
$vbphrase[administrators_may_send_email]
</td>
</tr>
<tr>
<td><label for="cb_adminemail"><input type="checkbox" name="options[adminemail]" value="1" id="cb_adminemail" $checkedoff[adminemail] CHECKED disabled onFocus="this.blur() />$vbphrase[receive_email_from_bulletin_board_staff]</label></td>
</tr>
in place of the above REPLACE codebox.
Again this is untested. I also may be completely wrong about what your trying to do

If thats the case then I apologise