Bylaw permits City of Armstrong to borrow for project

The City of Armstrong has moved closer to paying for its portion of the planned Armstrong-Spallumcheen Fire Hall renovation and expansion

The City of Armstrong has moved closer to paying for its portion of the planned Armstrong-Spallumcheen Fire Hall renovation and expansion.

Fourth and final reading was unanimously given by council to a bylaw that will allow the city to borrow up to, but not surpass, $700,000 for the fire hall project.

Now comes a 30-day “legal quashing period” which allows for anyone who feels the city did an improper job in its application to borrow the funds to oppose.

If nobody opposes in 30 days, the city can then apply for a certificate of approval from the ministry of community which finalizes all legal requirements.

“Once that’s over, the regional district (of North Okanagan) can then sign off on the borrowing on our behalf,” said city chief financial officer Terry Martens.

The regional district board must give its approval before the borrowing can be completed.