City to Borrow Money for RCMP Building Construction
By 250 News
Prince George, B.C. - City Council for Prince George has given the first three readings to two bylaws which will allow it to go ahead and borrow $25,138,000 dollars for the construction of the RCMP building.
The City already has loan authorization bylaws in place, but since that project has a high price tag, it will borrow what it needs along the way rather than the whole $39 million at once.
Director of Public Safety and Civic facilities, Rob Whitwham, says the project has already entered the tendering process . The demolition tender is out and will likely close before the end of this month. ( this is for the demolition of the former liquor store/supermarket/ bingo hall that is on the site.)
It is expected the construction could go to tender in mid May, and a tender package be back before Council for final approval before the end of June.
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