Regional District To Push for Loan from Northern Trust for Northern Sports Centre
Tuesday, November 30, 1999 12:00 AM
The Regional District of Fraser Fort George has voted in favour of going to the Northern Development Initiatives Trust for a $1 million dollar loan ( interest free) and a $400 thousand dollar grant as a contribution to the construction of the Northern Sports Centre.
Director Bob Headrick wasn't keen on the idea saying "You're tappin' us!" Headrick says the taxpayers in the electoral districts should have the option to vote on borrowing this kind of money. "If I was to buy a firetruck I would have to put it to a referendum,this should be the same" says Headrick who told his fellow Directors that at the end of the day "When it comes to doing things in our communities there'snothing left."
Director Don Zurowski says he recognizes this is a lot of money, however, he sees it as an investment in the educational economy of the region, and an opportunity to fill the sport facility gap that has plagued UNBC.
Valemount Director Jeannette Townsend suggested a breakdown on each area's financial responsibility for repayment of the loaned one million might make it more attractive. Based on the most recent assessments, here are the amounts each area would have to repay annually starting in 2008:
Prince George $160,200.
Mackenzie $16,200
McBride $ 1,148.
Valemount $ 2,393
Electoral "A" $ 7,008
Electoral "C" $7,716
Electoral "D" $10,631
Electoral "E" $4,138
Electoral "F" $4,723
Electoral "G" $23,937
Electoral "H" $11,686
Chairman Kinsley noted "Yes it will be a recruitment tool for the University, but it is important that it will be open to the public."
Director Bob Headrick was the only one to oppose the move, saying "It's wrong, but this is a weighted vote and it doesn't matter a tinker's damn how I vote, it's just wrong!"
The plan to be presented to the Northern Development Initiatives Trust will outline a repayment of the loan over four years starting in 2008.
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