17773
16929

Kelowna

FortisBC sale, parkade given go ahead

by Wayne Moore - Story: 82436
Oct 26, 2012 / 4:45 pm

The Office of the City Clerk validated the results of the Alternate Approval Process for the sale of the Kelowna Electrical Utility assets to FortisBC Inc.

The number of petitioners opposed to the agreement was 91 or less than .1% of electors. This is below the 10 per cent of electors (9,484 residents) required to halt the process.

Results of the Alternative Approval Process for the downtown parkades were also validated by the Office of the City Clerk.

This Alternative Approval Process for a borrowing bylaw of $15 million to be used for an expansion of the Library parkade and construction of a new parkade on the Memorial Arena property received an insufficient number of petitions opposing the project.

The number of petitioners opposed to the borrowing was 165 or less than .2% of electors. This is again below the 10 per cent of electors (9,484) needed to defeat the borrowing bylaw.

Both Alternative Approval Processes concluded at 4 p.m. today (Friday).

City Council will receive a Certificate of Sufficiency for each process on Monday, Oct. 29, during the afternoon Council meeting. The sufficiency reports are available online at kelowna.ca/council.



Read more Kelowna News

15663







15594





16270





Kelowna Cold Cases



Castanet pays for news tips. Email us a news tip, photo, or video and your name will be in a draw for our weekly news tip prize $25. Email us news@castanet.net




17363


FEATURED Property
14324394784 Stepney Road Armstrong, BC
10041001 bedrooms
$989,000
more details
image2image2image2
view all featured properties
Click here to feature your property
Please wait... loading



Kelowna SPCA Featured Pet




16778



Previous Stories

View the complete Kelowna News archive


16790



RSS this page.
(Click for RSS instructions.)


Member of BC Press Council