Salmon Arm seeks to borrow $845,000 for Shuswap Regional Airport runway

Residents have until June 24 to voice opposition to bylaw

Salmon Arm residents have an opportunity to determine whether or not the city proceeds with borrowing $845,000 for the construction of a runway at Shuswap Regional Airport.

The City of Salmon Arm is proposing a bylaw authorizing the borrowing to fund phase 1 of Taxiway Charlie and related taxi-lane project at the airport.

A public notice from the city states construction of Taxiway Charlie, broken into phases, “will increase airport capacity by allowing the majority of landing aircraft in both directions to exit the runway, thereby reducing the total time an aircraft occupies the runway.”

The total cost of the project is estimated at $1,365,000. Last year, the city received $520,000 for the project from the British Columbia Air Access Program, leaving the city to borrow for the remainder.

Read more: City considers borrowing half-a-million dollars for airport upgrade

Read more: New taxiway plan for Salmon Arm Airport taking off

Read more: Travelling into the city’s future

Repayment of the borrowed amount is projected at $65,250 annually over 20 years at an estimated interest rate of four per cent.

Through an alternative approval process, residents have until 4 p.m. on June 24 to not approve the proposed bylaw authorizing the borrowing. If less than 10 per cent (1,503) of electors request that council not approve the borrowing bylaw, council may approve it.

More information about the project and the public consent process can be found on the city’s website at www.salmonarm.ca.


@SalmonArm
jim.elliot@saobserver.net

Like us on Facebook and follow us on Twitter

Just Posted

Year-round training envisioned for Salmon Arm’s Rapattack base

Mayor hopes council’s support of Rapattack will pay off in longevity for base

Letter: Better fix needed than what’s proposed for Balmoral Road/Highway 1 intersection

Province already behind on widening of Trans-Canada Highway

Salmon Arm approved for worker based in Vernon to support homeless

While application to Ministry of Social Development gets nod, one to BC Housing denied

Column: Potentially valuable WorkSafeBC review let down by bias

Notes from the Legislature by Shuswap MLA Greg Kyllo

Boil water notice rescinded for Yard Creek Campground

Interior Health water testing shows acceptable levels of bacteria

Trudeau to meet with U.K. and Japanese prime ministers ahead of G7 summit

French President Emmanuel Macron, this year’s G7 host, has little expectations of a unified front from the leaders

VIDEO: RCMP officer killed in the line of duty remembered ‘through the laughter of children’

Sarah Beckett Memorial Playground opens with ceremony in Langford

B.C. RCMP plane chases fleeing helicopter as part of major cross-border drug bust

The helicopter eventually landed at a rural property near Chilliwack

Renter of torched Okanagan home a British Army veteran, new Canadian

Owen Wilson was just beginning to settle into life in Canada when the blaze occurred

Thousands cycle to conquer cancer

The 11th annual Ride to Conquer Cancer took place Saturday morning, Aug. 24 in Surrey, B.C.

PHOTOS: Brazil military begins operations to fight Amazon fires

Amazon fires have become a global issue, escalating tensions between Brazil and European countries

Racist confrontation in Richmond parking lot caught on camera

Woman can be heard yelling racial slurs, swear words at woman in apparent parking dispute

Okanagan Nation bringing overdose awareness to Syilx Okanagan communities

The Purple Ribbon Campaign for International Overdose Awareness Day is Aug. 28

Groups ready campaign to help young voters identify ‘fake news’ in election

The media literacy campaign to focus on identifying misinformation and suspicious sources online

Most Read