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VOLUME 123 ISSUE 50 $1.35
■ NEWS:
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250-344-6623
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Day of Remembrance
GADSAR proud owners of their own facility ....................................2
■ ARTS & CULTURE:
Mountain Waters exhibit on at AGOG ..................................10
■ COMMUNITY:
Lady Grey students graduate from DARE ..................................12
■ SPORTS:
Residents braved the frigid temperatures on Friday for a ceremony on B.C.’s Day of Remembrance and Action on Violence against Women. See story on page 4. Jessica Schwitek/Star Photo
Council approves option to pursue borrowing Joel Tansey reporter@thegoldenstar.net
Figure Skating Club returns with medals ..................................13
Town Council has approved a loan authorization bylaw that will allow the Town to borrow up to $5 million in order to leverage federal infrastructure grant funding to complete a number of identified projects, with the focus being water, sewer and road renewal around town. The potential grant funding comes in the form of the New Building Canada Plan, a 10-year federal government initiative to further improve basic infrastructure across Can-
General Admission: *Non perishable Food Bank donation AND/OR *Cash donation for 2014 Musicians Fund
ada. Typically, in order for a successful grant application to take place, the Town must prove it has a third of the required funds for the project in its five year financial plan. Actual borrowing can only occur through specific council resolution and the support of the Province, local voters (through a referendum or alternative approval) and the regional district. The Town will still have the opportunity to come up with the necessary funds without borrowing. Passing this bylaw simply gives the Town the option to pursue borrowing in the future should it be needed.
Most of council saw this as a valuable tool, but one that should be used with caution. “I do think borrowing is a tool. In my opinion, borrowing is a tool of almost last resort,” said Coun. Ron Oszust. “I’m hearing that there is opportunity to have that tool in the tool box if it’s needed and there is still an opportunity of time to do a bunch more homework and exploration [prior to borrowing].” Only Coun. Keith Hern opposed the bylaw. He felt that it was too soon to push the bylaw forward, and more analysis and investigation needed to be done first. Continued on page 3
Golden Farmers’ Market Presents:
The 2013 Christmas Farmers’ Market Saturday December 21st 11am - 5pm Mount 7 Rec Plex Music by Dave White and Sibling Rivalry
Vendor Table Fee: Adults $30, Youth $15 *Please respond by Sunday Dec. 15th*
Vendor Information: If you wish to be a vendor this year, please email info@goldenfarmersmarket.com or call 250-439-1881.