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VOLUME 123 ISSUE 48 $1.35
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Roaring 20s at the Starlight Soiree
Funrdraiser at Taps for local infant ....................................3
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Rockets free fall continues ..................................19
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Vancouver duo perfoming at the Rockwater ..................................25
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A group poses at the Golden Women’s Resource Centre’s 8th annual Starlight Soiree at the Rec Plex last Thursday. The event featured a 1920s theme. Michele Lapointe/Star Photo
Town Council explores options with COTR House Joel Tansey reporter@thegoldenstar.net
Golden Local Shopping Extravaganza ............................11-18
At its Nov. 19 Finance Standing Committee meeting, Town Council unanimously decided to explore its options with COTR house, a building that is owned by the Town and operates as a five student residence for the College of the Rockies. “COTR House provides an advantage for the College because it allows easier entry into this community for first year adventure tourism diploma students,” said campus manager Karen Cathcart,
who was not in attendance. “It makes a difference to have this facility available to [the students]. In fact, if I had my way we’d be expanding our residence options here, and we’ll probably look at that in the future.” COTR House was an aging site that the Town revamped into rentable accommodation for students at the college, with the help of grant money from Columbia Basin Trust. As part of the agreement, the College agreed to loan the Town $70,000 for capital upgrades. The Town has paid down approximately $20,000 on that loan and
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every Saturday night $14.95 November 30, 2013 to April 5, 2014
currently grosses a few thousand dollars a year from the operation of the residence. Taking into account depreciation and amortization, however, the facility is actually an annual loss for taxpayers. With that in mind, Town Chief Administrative Officer Jon Wilsgard, along with Mayor Christina Benty, recently approached the College to see if they would have interest in selling COTR house back to the Town for $50,000, which would wipe out the current loan that is being paid back. Continued on page 4
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