Bonus for Sechelt

Staff writer
January 31, 2014 01:00 AM

Editor:

Having become aware of the hard efforts of council to obtain a low rate of interest loan from the Green Municipalities Fund I have to give them a huge congratulations.

As this will go to a referendum, I hope everyone does their homework and sees what a boon this will be to our community. Approximately half of our reserves and surplus funds will remain untouched. A short-term loan at a high interest rate will not be necessary to carry out the sewage treatment plant and new projects.

We will get an outright grant of $1 million, which should cover the interest on the $6 million dollar loan.

I urge everyone to support not only our council, but our community and ourselves with a strong yes vote when the referendum comes up for approval.

Anita Paulin, Sechelt


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