Lake Country opts for alternate approval process to fund rail trail

If 900 residents are against the rail trail, Lake Country could vote down the proposed purchase of the trail from CN

If 10 per cent of Lake Country residents sign petition against raising taxes

Lake Country residents will be asked if they want to fund the purchase of a rail corridor.

District council decided Tuesday to hold an alternate approval process to borrow $2.6 million to go towards acquiring the Canadian National track from Coldstream to Kelowna.

“I’m hearing it’s the right thing to do but others are saying, ‘Why would we take on debt to buy a trail?’” said Mayor James Baker.

Under the alternate approval process, borrowing could not proceed if 900 people (10 per cent of eligible voters) signed a petition in opposition.

The district hopes to have the process completed by the end of February, and if borrowing proceeds, it works out to an additional $25 in taxes annually for 20 years for a home assessed at $475,000.

Beyond the $2.6 million, the district is also responsible for a further $2.5 million as the municipality’s total share of the $22 million price tag for the rail line is $5.1 million.

Lake Country has entered into an agreement in which the City of Kelowna would acquire a 50 per cent interest in the land within Lake Country on a temporary basis. Lake Country would ultimately pay Kelowna back.

As part of the purchase, the Greater Vernon Advisory Committee will contribute $1.9 million and $7.6 million will come from Kelowna.

Funding is based on the property value of the corridor within each jurisdiction.

Just Posted

Warriors look to snap 4 game losing streak in Trail

West Kelowna takes on the Smoke Eaters Friday night

Central Okanagan Journey Home Society names new executive director

Stephanie Ball will head the Journey Home strategy

Kelowna International Airport to invest $67M to expand terminal

It’s the largest capital investment in the airport’s 72-year history

Former NHLer coming to Kelowna to recognize first responders

Theo Fluery joins the Kelowna Professional Fire Fighters’ Charitable Society Jan. 11

Foote continuing with Team Canada for World Juniors

The roster has nearly been set for the World Juniors launch on Dec. 26

VIDEO: Feds give update on flying clearance for Santa’s sled

Transport Minister Marc Garneau has this message for the country’s children

Kootnekoff: Accommodating religious celebrations

Employers must be mindful that not everyone celebrates holidays which are days off

Investigators confirm three died in B.C. plane crash

Transport Canada provides information bulletin

Prime Minister sets 2025 timeline for plan to remove fish farms from B.C. waters

Foes heartened by plan to transition aquaculture found in Fisheries minister mandate letter

Canada’s Attorney General looking to larger reforms on doctor-assisted death

The Quebec Superior Court gave Ottawa just six months — until March 2020 — to amend the law

Drug alert for purple fentanyl issued in Kamloops

Interior Health issued an alert for the deadly drug on Friday

Navigating ‘fever phobia’: B.C. doctor gives tips on when a sick kid should get to the ER

Any temperature above 38 C is considered a fever, but not all cases warrant a trip to the hospital

Penticton Indian Band to host new by-election after successful appeal of 2017 results

On Dec. 13, the membership voted to host a new by-election

Wagon wheels can now be any size: B.C. community scraps 52 obsolete bylaws

They include an old bylaw regulating public morals

Most Read