Audit incentive
City of Powell River council voted to create a health and safety reserve account to invest in safety programs to benefit employee health and well-being. All certificate of recognition safety audit incentive funds and any other funds received relating to health and safety will be transferred to the reserve. The city participated in a safety audit in the fall of 2010 and was the first municipality in BC to qualify for a certificate of recognition. It received $13,282 in incentive funds.
Legal budget
Council approved a $50,000 increase to the 2011 legal budget. The increase is being funded by transferring $10,000 from the legal reserve account and $5,000 each from the following operating accounts: administration/bylaws; mayor and council; human resources; financial services; engineering/developmental services; public works; fire and emergency services; and parks, recreation and culture.
Loan extension
Council passed a motion to extend the shareholders loan agreement with Powell River Waterfront Development Corporation for $51,000 for five years. The loan is to be paid back in one lump sum that includes interest at current commercial lending rates, calculated and compounded semi-annually.
Loan agreement
Council passed a motion to enter into a shareholders loan agreement with Powell River Waterfront Development Corporation for $12,000, to be paid back within five years with interest at current commercial lending rates calculated and compounded semi-annually.
Bylaws
Council adopted three bylaws: the property maintenance bylaw, the revitalization tax exemption program bylaw and the barge facility fee bylaw.
Voting delegate
Council passed a motion appointing Councillor Chris McNaughton as voting delegate to the Municipal Insurance Association of BC. Councillor Dave Formosa was appointed the alternate.
