What happened

Council Decides on Grants and Reserve Transfers

Quick view

The Town of Princeton council met on September 17th to discuss various grants and reserve transfers. They voted to grant $3,000 to the Princeton Kokanee Summer Swim Club. Council also authorized the financial officer to move up to $126,164.00 from the Climate Action Reserve to the Future Amenity Reserve to replace funds allocated by the Arena Improvement Project. The Permissive Tax Exemption report was received for information only. The Princeton Fire Department provided an update on their calls and activities, including a new fire hall and a new fire truck.
FACT · Decisions / recommendations

What was decided (or proposed)

  • passed — Grant-In-Aid Allocation: Council granted $3,000 to the Princeton Kokanee Summer Swim Club. [5]
  • passed — Reserve Transfer from Climate Action to Future Amenity: Council authorized the financial officer to move up to $126,164.00 from the Climate Action Reserve to the Future Amenity Reserve to replace funds allocated by the Arena Improvement Project. [7]
  • recommended — Permissive Tax Exemption Report: The Permissive Tax Exemption report was received for information only. [6]
FACT · Next

What comes next

  • The next regular council meeting is scheduled for October 1st.
FACT · Delegations

Who spoke

CONTEXT · Who may be affected

Stakes & interests

Grants and Reserve Transfers

The decisions made by council will impact local organizations and the town's finances.

FACT · By item

Item notes

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

6.2 2025 Grant-In-Aid Allocation

Council granted $3,000 to the Princeton Kokanee Summer Swim Club. [5]

“THAT Council grant $3,000 to the Princeton Kokanee Summer Swim Club. [5]”

6.3 Permissive Tax Exemption Report

Permissive Tax Exemption Report — Town council would receive the 2025 Permissive Tax Exemption report for information only. 2025 Permissive Tax Exemption Report [6]

“THAT Council receive the 2025 Permissive Tax Exemption report for information only. 2025 Permissive Tax Exemption Report [6]”

6.4 Reserve Transfer from Climate Action to Future Amenity

Council authorized the financial officer to move up to $126,164.00 from the Climate Action Reserve to the Future Amenity Reserve to replace funds allocated by the Arena Improvement Project. [7]

“THAT Council authorize the financial officer to move up to $126,164.00 plus accumulated interest from the Climate Action Reserve to the Future Amenity Reserve to replace funds allocated by the Arena Improvement Project. [7]”

Open questions

  • What is the status of the new fire hall and fire truck?

Sources

  1. CivicWeb meeting
  2. Agenda document
  3. YouTube recording
  4. Regular Agenda - 17 Sep 2025 — Agenda Package
  5. 2025 Grant Requests
  6. 2025 Permissive Tax Exemption Report
  7. 2025 Reserve Transfer Climate Action
  8. Princeton Fire Department January - August 2025
  9. Committee of the Whole - 09 Sep 2025 - Minutes - Pdf
  10. Regular Agenda - 03 Sep 2025 - Minutes - Pdf

Generated 2026-08-21T20:27:55.302213+00:00 · model llama3.1:8b

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Brief 840 · 2025-09-17