On Saturday, November 15, 2014, qualified electors within the Central Cariboo Recreation and Leisure Services Area (City of WL and portions of CRD Areas D, E, F) voted on the following question:
Are you in favour of the Cariboo Regional District adopting Bylaws 4906 and 4907, which will authorize the borrowing of up to $10 million over 20 years and increase the Central Cariboo Recreation and Leisure Services annual taxation limit to a maximum of the greater of $3,500,000 or $1.98/$1,000 of assessed value of land and improvements, to provide for the upgrade and renovation of the pool and amenities at the Cariboo Memorial Recreation Complex? (Based on 2014 assessed values, the estimated annual cost to undertake this borrowing and operate the upgraded pool translates to a residential tax rate increase of approximately $40/$100,000. The new taxation limit for recreation services of $3,500,000 translates to a residential tax rate of $148/$100,000 of the net taxable assessed value of land and improvements.)
And the preliminary final result is:
Yes: 2,883
No: 1,357
These bylaws can now proceed to adoption. The CRD Board of Directors' are expected to adopt this bylaws at its' Dec 12th Inaugural Meeting
~SF
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