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Loan Authorization Bylaw No. 4216, 2014

Dawson Creek City Council has given three readings to “Loan Authorization (2014 Sidewalk Replacements) Bylaw No. 4216 2014”, which will authorize borrowing for the cost of constructing sidewalks serving the City of Dawson Creek.

The amount to be borrowed for the City’s share of these projects will not exceed ($450,000) Four hundred and fifty thousand dollars and is repayable over a maximum of ten (10) years from the date such debentures are issued.  The annual debt servicing payment on this borrowing equates to a residential tax rate of $.02 per $1,000 of assessment.

Public Notice Bylaw No. 4216 – 2014 Sidewalk Replacements

A copy of the bylaw can be seen by clicking here: 4216 Loan Authorization (2014 Sidewalk Replacements) Bylaw or can be picked up at the Administration Department of City Hall during regular business hours.  Any questions regarding this bylaw can be directed to Shelly Woolf, Chief Financial Officer at 250-784-3611.

Anyone who is eligible to vote in the City of Dawson Creek and prefers that this bylaw go to a referendum for elector approval must complete and submit an Elector Response Form to the Director of Corporate Administration, 10105 – 12A Street, Dawson Creek, BC, V1G 3V7 before 4:30 pm on July 8, 2014.  These forms can be printed from here: 4216 elector response form or can be picked up at the Administration Department of City Hall.  Responses cannot be submitted by email or facsimile and must be given using the approved elector response form.

If less than 10% (720) of the total number of electors within the City of Dawson Creek submit an elector response form, Council may consider adoption of this Bylaw.

Brenda Ginter, Director of Corporate Administration