Ask West Kelowna
Search
Council adopts local area service and long-term borrowing bylaws for Rose Valley Water Treatment Plant
Posted on Wednesday, October 14, 2020 09:45 AM
FOR IMMEDIATE RELEASE
October 14, 2020
West Kelowna Council considered and adopted the local area service and long-term borrowing bylaws with 229 of 8,267 future Rose Valley Water Treatment Plant (RVWTP) property owners submitting petition-against forms prior to the October 2, 2020 deadline.
At the October 13 regular Council meeting, both the City of West Kelowna Rose Valley Water Treatment Plant Local Area Service Establishment Bylaw No. 280, 2020 and the City of West Kelowna Rose Valley Water...
Council Highlights - Oct. 6, 2020
Posted on Wednesday, October 07, 2020 11:45 AM
Council Meeting
October 6, 2020
Rose Valley Water Treatment Plant update provided to Council
The City of West Kelowna continues to pass major milestones in moving forward with Rose Valley Water Treatment Plant, the City’s top priority, despite the unprecedented COVID-19 pandemic. The City has successfully completed the Subject to Petition Against process and Council may now consider adopting the necessary bylaw to borrow up to $23.5 million over the long-term of 25 years. Official results of the process...
Council Adopts Bylaw to Obtain Loan for City Hall in 2022
Posted on Wednesday, October 07, 2020 09:45 AM
FOR IMMEDIATE RELEASEOctober 07, 2020 West Kelowna Council has approved the City Hall borrowing authorization bylaw that includes using an Assent Free Loan to design, build and finance its first City Hall. The City’s current debt is below five per cent of its annual revenue calculation, defined by the Province of British Columbia, which allows the City to borrow against its revenue. This means the City can apply to borrow up to the $11 million limit allowable under an Assent Free regulation...
City Hall Loan Authorization Bylaw considered at Oct. 6 Council Meeting
Posted on Monday, October 05, 2020 11:15 AM
FOR IMMEDIATE RELEASE
October 05, 2020
West Kelowna Council has received a report to consider and resolve to adopt the City Hall Loan Authorization Bylaw at tomorrow’s regular Council meeting that will result in no new tax increases to design, build and finance its first City Hall building.
At the Feb. 11, 2020 Council meeting, West Kelowna Council considered and read three times the bylaw that outlined the recommended use of an Assent Free Loan. This method reflected that no new tax increases to West...
Unofficial results indicate long-term borrowing is preferred for Rose Valley Water Treatment Plant
Posted on Friday, October 02, 2020 01:15 PM
FOR IMMEDIATE RELEASE
October 02, 2020
Released as of 4:15 p.m.
Future Rose Valley Water Treatment Plant (RVWTP) users indicated to the City their preference for long-term borrowing to design, build and finance the plant when it goes into operation in 2022.
Unofficial results indicate that less than 250 petition-against forms out of the 8,267 properties in the local area service were submitted to City Hall prior to the 4 p.m. deadline today. Official results will be provided at a regular Council...
Contact Us
Subscribe