From the recording

Town council discusses funding for Fire Hall Loan Authorization Bylaw and reserve funds

Quick view

The Town of Princeton council discussed a request for $1.39 million to finance a new Fire Hall and Training facility. The loan would be repaid over 30 years. Council also considered a proposal to transfer $1.11 million from reserve funds for various capital projects, including infrastructure and water and sewer upgrades. The council heard a report on the 2024 Transfer of Reserve Funds, which included a breakdown of the funds being transferred and allocated to different reserve funds.
FACT · Decisions / recommendations

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]
FACT · Next

What comes next

  • The next steps for the Fire Hall Loan Authorization Bylaw will be determined after the alternative approval process is completed.
FACT · Delegations

Who spoke

CONTEXT · Who may be affected

Stakes & interests

Fire Hall Loan Authorization Bylaw

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.

FACT · By item

Item notes

Every business item from the published agenda is listed here. Full agenda.

6.1 Request $45,000.00 to Purchase Structure Protection Equipment

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]”

6.2 2025 WildSafeBC Community Coordinator Program

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]”

6.3 Alternative Approval Process-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]

“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]”

6.4 120 Veterans Way – Lease Extension

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]”

6.5 2024 Transfer of Reserve Funds

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]”

6.6 Appointment of Auditor

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]”

8.1 Canadian Cancer Society

Canadian Cancer Society [7][9]

8.2 UBCM 2024 Disaster Risk Reduction-Climate Adaptation

UBCM 2024 Disaster Risk Reduction-Climate Adaptation ($150,000) [15]

8.3 Open Letter to Premier David Eby and Spencer Chandra Herbert, Minister of Tourism, Arts, Culture & Sport

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.”

9.1 Email BC Epilepsy Society

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]”

9.2 Princeton Community Arts Council-Copper Valley Music Festival 2025

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

  1. CivicWeb meeting
  2. Agenda document
  3. YouTube recording
  4. Regular Agenda - 05 Mar 2025 — Agenda Package
  5. 120 Veterans Way Lease - PDCSS - SIGNED (EXP June 30 2021)_Redacted
  6. 2024 Reserve Transfer Report
  7. 2024 WOH RP_
  8. 2025 Appointment of Auditor
  9. Canadian Cancer Society (CCS) Wheels of Hope Program
  10. Census Profile-2021 Population Princeton
  11. Determining the total number of electors
  12. Elector Response Form
  13. Email-International PURPLE DAY® for Epilepsy Awareness
  14. FIRST - NOTICE-AAP-TOWN OF PRINCETON
  15. LGPS-11105-Princeton-Oct_2024_DRR-CA-Approval_Agreement_Redacted
  16. Princeton & District Community Services Society -Lease Extension Request
  17. Princeton Community Arts Council
  18. Type 2 SPU trailer inventory
  19. WILDSAFE 2025 RTC funding Support Request
  20. WildSAFE Info Gram 2025
  21. 2024 AAP Loan Authorization Bylaw Report
  22. 2024 Fire Hall Loan Authorization Bylaw

Generated 2026-08-21T21:14:22.522671+00:00 · model llama3.1:8b

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Brief 825 · 2025-03-05