Kamloops This Week, October 23, 2015

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KAMLOOPS THIS WEEK FRIDAY |

kamloopsthisweek.com kamloopsthisweek kamthisweek

30 CENTS AT NEWSSTANDS

OCTOBER 23, 2015 | Volume 28 No. 128

CARE TO BUY INTO A RESORT? Sun Rivers is seeking investors and capital as it aims to finish its build-out in the next eight years A7

POT PROTOCOL How will Justin Trudeau and Liberals fulfil promise? A21

PAC’N THE DEBT

HEATING UP

Blazers on winning streak entering tonight’s home game A14

TODAY’S WEATHER: Sunny High 13 C Low -1 C

With the arts-centre vote looming, we look at the city’s debt now — and with the arts-centre tab Story/A6

POLICE SERVICES: $1.6 MILLION

CITY BUILDINGS: $4.2 MILLION

Estimated annual debt-servicing payment: $12.9 million Current total debt

100.9 million Debt servicing as percentage

$

of recurring revenues: 8.4% WATER FUND: $18 MILLION

SEWER FUND: $25.6 MILLION

FIRE SERVICES: $5.6 MILLION

Estimated annual debt-servicing payment w/ Performing Arts Center: $15.9 million

Total debt w/ Performing Arts Centre GENERAL INFRASTRUCTURE: $8.4 MILLION

149.9 million Debt servicing as percentage

$

of recurring revenues: 10.4% Allowable maximum debt servicing: 25% TOURNAMENT CAPITAL PROGRAM: $27 MILLION

LANDFILL: $10 MILLION

REPAYMENT TIMEFRAME ON ALL CURRENT LOANS RUNS BETWEEN 2016 AND 2032 ALL FIGURES ARE ESTIMATES

Thank You Kamloops for your Business Excellence Nomination! Volkswagen of Kamloops: Community Service Provider Remember, our 2015 VW Model Clearout Event is on now until October 31st!


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