Inside Langford

News and views about Langford, British Columbia

Archive for July 23rd, 2008

$9.75 Million loan going forward

Posted by Steven Hurdle on July 23, 2008

On Monday night’s Council meeting agenda, a new Bylaw was read through first, second, and third reading. Bylaw 1171, entitled the “Spencer Interchange Local Area Service Temporary Borrowing Bylaw,” establishes that “The City of Langford is hereby authorized and empowered to borrow upon the credit of the City of Langford, a sum not exceeding nine million seven hundred fifty thousand dollars ($9,750, 000.00)[sic].”

It is odd that the bylaw has no information at all about the reasons for Read the rest of this entry »

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