Town council discusses funding for Fire Hall Loan Authorization Bylaw and reserve funds
Quick view
What was decided (or proposed)
- recommended — Fire Hall Loan Authorization Bylaw: Council recommended proceeding with an alternative approval process to determine the opinion of the electors with regard to the Fire Hall Loan Authorization Bylaw. [21]
- recommended — 2024 Transfer of Reserve Funds: Council recommended authorizing the expenditure of $1.11 million in reserve funds for various capital projects. [6]
What comes next
- The next steps for the Fire Hall Loan Authorization Bylaw will be determined after the alternative approval process is completed.
Who spoke
- Princeton & District Community Services Society — lease extension for 120 Veterans Way
Stakes & interests
The proposed loan would finance the design, construction, and operation of a new Fire Hall and Training facility, which would be repaid over 30 years.
Item notes
Every business item from the published agenda is listed here. Full agenda.
Request $45,000.00 to Purchase Structure Protection Equipment ($45,000.00) — Princeton Town Council approve the purchase of Structure Protection Equipment for the Town of Princeton in the amount of $45,000.00; AND THAT the Mayor and CAO be authorized to exe [18]
“THAT Princeton Town Council approve the purchase of Structure Protection Equipment for the Town of Princeton in the amount of $45,000.00; AND THAT the Mayor and CAO be authorized to execute the necessary documents. Staff Report SPU equipment 2025 Type 2 SPU trailer inventory [18]”
2025 WildSafeBC Community Coordinator Program — the Town of Princeton applies to the 2025 WildSafeBC Community Grant Program for a WildSafeBC Coordinator Grant; AND THAT the CAO be authorized to sign the necessary documents for [19][20]
“THAT the Town of Princeton applies to the 2025 WildSafeBC Community Grant Program for a WildSafeBC Coordinator Grant; AND THAT the CAO be authorized to sign the necessary documents for this service. WILDSAFE 2025 RTC funding Support Request WildSAFE Info Gram 2025 [19][20]”
Council recommended proceeding with an alternative approval process to determine the opinion of the electors with regard to the Fire Hall Loan Authorization Bylaw. [21]
“THAT the Deputy Corporate Officer undertake an alternative approval process to determine the opinion of the electors with regard to the Fire Hall Loan Authorization Bylaw. [21]”
120 Veterans Way – Lease Extension — the Town of Princeton extend the lease agreement with the Princeton & District Community Services Society for a period ending March 31, 2027, for the use of part of the land descri [5][16]
“THAT the Town of Princeton extend the lease agreement with the Princeton & District Community Services Society for a period ending March 31, 2027, for the use of part of the land described as: Lot 4, Block 15, Plan KAP55, District Lot 706, Yale Div of Yale Land District; PID 012- [5][16]”
2024 Transfer of Reserve Funds ($1,142,038.20) — Town council would authorizes the expenditure of $ 1,114,259.17 in reserve funds as follows: Consolidated Cash Surplus $ 953,284.79 Future Amenity Reserve $ 13,509.07 Industrial Pa [6]
“THAT Council authorizes the expenditure of $ 1,114,259.17 in reserve funds as follows: Consolidated Cash Surplus $ 953,284.79 Future Amenity Reserve $ 13,509.07 Industrial Park Reserve $ 797.69 Growing Communities Fund $ 146,667.62 for the provision of capital assets and allocati [6]”
Appointment of Auditor — Town council would appoints Murray Smith as Municipal Auditor for the 2024 fiscal year. 2025 Appointment of Auditor [8]
“THAT Council appoints Murray Smith as Municipal Auditor for the 2024 fiscal year. 2025 Appointment of Auditor [8]”
UBCM 2024 Disaster Risk Reduction-Climate Adaptation ($150,000) [15]
Open Letter to Premier David Eby and Spencer Chandra Herbert, Minister of Tourism, Arts, Culture & Sport — items 8.1 to 8.3 be received and filed.
“THAT items 8.1 to 8.3 be received and filed.”
Email BC Epilepsy Society — WHEREAS Purple Day is celebrated on March 26th annually, during Epilepsy Awareness Month, to increase the knowledge and understanding of epilepsy in the community; AND WHEREAS Purp [13]
“WHEREAS Purple Day is celebrated on March 26th annually, during Epilepsy Awareness Month, to increase the knowledge and understanding of epilepsy in the community; AND WHEREAS Purple Day was founded in 2008 by Cassidy Megan, a nine-year-old girl from Nova Scotia, who wanted peopl [13]”
Princeton Community Arts Council-Copper Valley Music Festival 2025 ($600) — Town council would approve the in kind request to waive the rental fees of $600 per day for three (3) days for the Princeton Community Arts Council 2025 Copper Valley Music Festiva [17]
“THAT Council approve the in kind request to waive the rental fees of $600 per day for three (3) days for the Princeton Community Arts Council 2025 Copper Valley Music Festival. Princeton Community Arts Council [17]”
Open questions
- The exact amount of money being requested for the Fire Hall Loan Authorization Bylaw is unclear, as the notice in the paper only mentions a total amount of $1.39 million, but does not break down the different types of money being contributed.
Sources
- CivicWeb meeting
- Agenda document
- YouTube recording
- Regular Agenda - 05 Mar 2025 — Agenda Package
- 120 Veterans Way Lease - PDCSS - SIGNED (EXP June 30 2021)_Redacted
- 2024 Reserve Transfer Report
- 2024 WOH RP_
- 2025 Appointment of Auditor
- Canadian Cancer Society (CCS) Wheels of Hope Program
- Census Profile-2021 Population Princeton
- Determining the total number of electors
- Elector Response Form
- Email-International PURPLE DAY® for Epilepsy Awareness
- FIRST - NOTICE-AAP-TOWN OF PRINCETON
- LGPS-11105-Princeton-Oct_2024_DRR-CA-Approval_Agreement_Redacted
- Princeton & District Community Services Society -Lease Extension Request
- Princeton Community Arts Council
- Type 2 SPU trailer inventory
- WILDSAFE 2025 RTC funding Support Request
- WildSAFE Info Gram 2025
- 2024 AAP Loan Authorization Bylaw Report
- 2024 Fire Hall Loan Authorization Bylaw
Spot an error?
If something in this brief doesn’t match the agenda, minutes, a linked report, or the meeting recording, send a fact-check note. Submissions go to the editor — they are not published automatically.