City of Powell River council has approved a 2022 to 2026 financial plan assumptions report.
The report was voted on at the September 2 city council meeting. The recommendation to council was that the report from the chief financial officer regarding the 2022 to 2026 financial plan assumptions report, the timeline and public consultation process be received for information and discussion, and further, that there be approval for the 2022 budget timeline as presented, leading up to adoption before May 15, 2022. Council also approved that the 2022 public consultation process use an online engagement platform, seeking public input at budget presentation meetings and through the city’s websites, and that the city services funded in 2021 form the basis for the services funded in 2022.
City council passed a housing agreement bylaw that will provide for at least 14 housing income limit units in a planned rental housing complex at Joyce Avenue and Edgehill Crescent.
Councillor Rob Southcott said the agreement pertains to providing housing at reduced rates to renters that qualify based on income levels set by BC Housing.
“For the 14 units the developer is going to provide, the principal is to keep housing to less than 30 per cent of income per year,” said Southcott. “This is going to continue for 10 years. This is a major step forward for affordability in housing for Powell River and I’m grateful for the housing developer increasing the units from 10 to 14.”
Mayor Dave Formosa said there was no requirement for the developer to do this.
“We’re thankful for this gentleman for offering it because he didn’t have to,” said Formosa.
Councillors passed a fees and charges bylaw for the use of city facilities and services offered by the parks, recreation and culture department. The bylaw had four schedules attached that outlined the costs for the various services, admission rates, facility rental rates and fees that are charged by the department for use of the department’s facilities.