The Council of the Town of Creston wishes to construct a new Fire Hall in order to meet the current and future needs of the Town and the surrounding areas, contractually serviced by the Town's Fire Department, and fulfill worker safety requirements that the current fire hall cannot accommodate.

The total cost of the new Fire Hall is estimated at not more than five million, five hundred thousand dollars ($5,500,000). The Town of Creston will utilize one million dollars ($1,000,000) of reserves to reduce the borrowing amount to not more than four million, five hundred thousand dollars ($4,500,000). The Regional District of Central Kootenay has agreed to repay one million, five hundred and fifty thousand dollars ($1,550,000) as its share of the total amount, with the Town responsible for the remaining two million, nine hundred and fifty thousand dollars ($2,950,000).

Town Council proposes to adopt "Protective Services Building Loan Authorization Bylaw 1872, 2018", which will authorize the Town of Creston to borrow four million, five hundred thousand dollars ($4,500,000), repayable over a period of not more than thirty (30) years, for the development and construction of a new Fire Hall, for which the Town's share will represent an annual property tax levy of approximately $22.60 per $100,000 of the assessed value of residential property within the Town's boundaries.

Are you in favour of the Town of Creston adopting "Protective Services Building Loan Authorization Bylaw 1872, 2018"?