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Council Meeting
Tuesday, October 9, 2012Council
AgendaMinutes
Updated 6 months agoMeeting Overview
This Special Council meeting focused entirely on finalizing logistics and financing for the View Royal Public Safety Building Loan Authorization Bylaw No. 839, 2012 Assent of Electors. Council approved November 24, 2012 as the voting date, significantly reduced the authorized maximum borrowing amount from $7.99 million to $5.49 million (by utilizing internal reserves and anticipated revenues), and approved the creation of a second polling station north of the Trans-Canada Highway.
Key Decisions
- Council set the referendum date for the Public Safety Building borrowing to November 24, 2012.
- Council reduced the maximum amount of debt authorized for the Public Safety Building from $7,990,000 to $5,490,000 by committing $2.5 million from internal funds and cost savings.
- Council authorized the creation of a second polling station located north of the Trans-Canada Highway for the Public Safety Building referendum.
5
Agenda Items
5/5
Motions Passed
11
Participants
Transcript
0 segmentsNo transcript available.