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By Curtis Galbraith

Pool, grandstand borrowing by-laws going to city council

Nov 8, 2017 | 4:41 PM

A city committee is sending a pair of borrowing by-laws to Council.

One is for $5-millions for the renovations at the Bear Creek Pool.

The other is for $3,572,911 for the new CKC grandstand.

That last amount is higher than the $1,995,000 originally approved as the grandstand addition did not qualify for some grant money.

City staff says both projects are on-time and on budget.

The new borrowing would leave the city’s total debt at $136,628,812 by the end of March next year, around half of its allowable debt limit.

by Curtis Galbraith