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Postponement of Bylaw 24/2017 - Borrowing Bylaw
Presented by: Councillor Heron
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PURPOSE OF REPORT
On May 9, 2017 Councillor Heron provided notice in accordance with Section 23 of Procedure Bylaw 22/2016 that she intended to bring forward the proposed motion below.
In order for Council to debate the motion, the motion must be formally moved.
PROPOSED MOTION(S):
recommendation
That Second and Third reading of Bylaw 24/2017, being a Borrowing Bylaw to Finance the Construction of the Branch Library be postponed until Quarter four of 2018 and that the funding for the purchase of land and the detailed design as laid out in Project Chart OA-005 be funded from the Capital Reserve.
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Report Date: May 15, 2017
Author: Cheryle Wong
Committee/Department: Legislative Services
City Manager: Kevin Scoble