2022 Canadian Award for Financial Reporting Achievement
Jeremy Sundin, Director of Financial Administration, was presented with the Government Finance Officers Association Canadian Award for Financial Reporting for the year ended December 31, 2022.
Mr. Sundin remarked, “This award represents the ongoing commitment of Council to have the Coldstream Annual Report prepared to the standard required to achieve this award. It’s certainly a team effort and the District wouldn’t be successful without the support of many talented people. I am very privileged to accept this award on the District’s behalf.”
Kal Lake Rotary Pier
Council received a presentation from the representatives of the Kalamalka, Silver Star and Vernon Rotary Chapters. The Rotarians would like to contribute funding and signage to continue the “Rotary” name on the pier as well as contribute to building supports to make the lake and pier accessible to all users. This matter will be included on Council’s May 13, 2024 open agenda for further discussion.
Tax Rates Bylaw No. 1842, 2024
Council gave three readings to the Tax Rates Bylaw No. 1842, 2024. The net municipal tax increase in the 2024 budget is 9.7%. The typical residential property in Coldstream had an assessment increase of 3.8% to $922,000 in 2024.
Husband Road Tender
Council authorized Administration to proceed with awarding the Husband Road Paving Tender to Nixon Earthworks Ltd. in the amount of $769,548.19 plus GST. In addition to addressing the condition of the road, the design also includes drainage improvements and widening the north side of the road to better accommodate bicycles, improving safety along the road.
April Infrastructure Update
Council the monthly Infrastructure update. For more information on capital projects in the District, see the April Report here.