Panel data provided by Madison's Canadian Lumber Reporter.

City Supports Going to NDI for Launch Funds

By 250 News

Prince George City Council has approved a request that it support  efforts of the Prince George Riverboat Association to secure funding from the Northern Development Initiatives Trust.  Council  has asked administration to work with the Association to develop the application and  bring it back to Council for their consideration.

Council was approached by the  Association last month  to guarantee $100 thousand dollars as a contingency fund for a boat launch project .  (see previous story)  The item has been placed on the  municipal budget enhancement request list.   This application is for funding in addition to the request before Council (which has been deferred on the City's budget's discussion)

Last year, the Association was too late for the Federal infrastructure program, and hopes to apply for funding  this year.

The Northern Development Initiatives Trust may offer funding of the project if it is deemed to meet  the requirements, such as increasing tourism, improving transportation or creating jobs.  It was also noted the chances of landing a grant from the Trust are greatly increased if the funds are payed back over time.

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