City can borrow up to $15 million for multiplex
City council has paved the way to borrow up to $15 million for its controversial new multiplex.
The city passed their 2018 capital budget on Tuesday.
Council cautioned that just because they can borrow the money does not mean they will, nor does it mean they will have to borrow the full amount.
Moving forward with the project would still depend on funding from the federal and provincial governments.
Mayor Adam Lordon did say he hopes 2018 will be the year the city secures that funding and begins the project.