Monday, February 24, 2020

City to look towards borrowing for momentum on Landfill expansion plans

Prince Rupert Council members will hear more background on the
city's plans for the Ridley Island land fill site tonight

Moving forward on the City's plans for expansion of the Ridley Island Landfill site will be the theme of Report for Council tonight by the City's Chief Financial Officer.

As part of tonight's Council Agenda, Ms. Corrine Bomben will provide the update on the landfill plans as well as to introduce the request for a Loan Authorization bylaw towards full funding of the 10 million dollar project.

In her report, the CFO notes that the annual repayment of $515,000 will be made on a 25 year repayment scale.

Tonight, in addition to receiving the information, Council will be asked to decide how they wish to consult the public on the loan request, with two listed for consideration.

With Council members to choose between the Use of the Alternative Approval Process, or that of a full referendum for the public to participate in.

The Report to Council can be reviewed below:




Those with an interest in the presentation can view tonight's Council session from the Live Feed on the City website starting at 7PM, or through the Archive of Council sessions hosted by the City's You Tube page.

For more notes on tonight's City Council session see our Council Preview item here.

Notes from the session will be archived here; while a wider overview of City Council Discussion themes can be explored through our Council Discussion archive.





2 comments:

  1. Am I wrong, or is there more public info available about our land fill expansion than Watson Island?

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  2. Council should also inform taxpayers on projected rate increase if any on this project. It is easy to say we repay $515,000 / year. What will this do to individual bills, what is the projected increase per customer. This should be part of tonight's presentation if not why not.

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