PUBLIC NOTICE - ALTERNATIVE APPROVAL PROCESS
Public notice is hereby given that the Board of Directors for the Strathcona Regional District intends to proceed with final passage and adoption of Bylaw No. 261, being Corporate Office Loan Authorization Bylaw 2017, at its meeting of Thursday, April 27, 2017 unless at least 10% of the eligible electors of the Regional District submit elector response forms not later than 4:30 p.m. on April 24, 2017.
Bylaw No. 261 would authorize the Regional District to borrow up to $2,042,160 for the purpose of acquiring ownership of its corporate office facility and to do all things necessary or convenient in connection therewith provided that must the debt being created would be repaid over a period not exceeding 30 years.
The number of eligible electors within the boundaries of the Strathcona Regional District has been fairly determined to be 34,177 and the number of valid elector response forms required to prevent the adoption of Bylaw No. 261 without first obtaining the assent of the electors by voting is 3,418. Elector response forms must be in the form approved by the Regional Board and may be obtained online at www.strathconard.ca
or in person at the Regional District office located at 301-990 Cedar Street, Campbell River, BC. Only persons who qualify as electors within the Strathcona Regional District are entitled to sign elector response forms.
Further information regarding Bylaw No. 261 or this alternative approval process may be obtained by contacting the office of the Strathcona Regional District.