The Village of Cumberland will be holding an alternative approval process (AAP) from June 23 to July 28, 2017 to gain the approval of the electors to pass “Water Improvements Loan Authorization Bylaw No. 1063.” This bylaw would authorize the Village to borrow $1 050 100 for a maximum 30-year term for improvements to the drinking water system.
The Village conducted an AAP on this matter in February-March 2017. Unfortunately there was an error in the process, and the Village is required to redo the AAP.
Although there is a new bylaw and new process, the borrowing in question is the same borrowing that was considered in the “Water AAP” earlier in 2017. The amount and project have not changed, and there is no additional borrowing proposed.
An information package including a summary of the project, financial information, a copy of Bylaw No. 1063 and more information about the AAP is available on the Summer 2017 Water AAP page, and at the Village of Cumberland office on business days between 8:30 a.m. and 4:30 p.m.Search again