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HomeNewsRegional District approves $500,000 loan to Exploration Place

Regional District approves $500,000 loan to Exploration Place

The Regional District of Fraser Fort George has granted The Exploration Place’s request for a half-a-million-dollar loan.

The loan was approved by the District’s Board of Directors, it is to be repaid over five years at a 4% interest rate.

MyPGNow spoke with the District’s Manager of External Relations, Renee McCloskey, about the potential loan earlier today. You can find that interview here.

It was not the most money moved at the meeting, $2.7 million has been given to UHNBC “to contribute towards capital projects and
equipment.”

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• $276,400 for a server replacement
• $273,97 for a preheat water storage system
• $2,164,000 for a sterile compounding room
The amounts approved represent 40% of the total costs.

The board also discussed a change in recycling collection services.

The contractor that currently provides the service will not continue past the end of May – the board has approved an agreement with Recycle BC to create collection depots at the Mackenzie, Quinn
Street and Valemount transfer stations, with more information coming in the near future.

Prince George residents will not be impacted by this recycling change.

They also approved several community grants:

$750 the Nukko Lake Recreation Commission for Santa’s Breakfast
• $666 to the Salmon Valley Community Association for address signs
• $636 to the Bednesti Berman Community Association for an AED battery
• $500 to the Miworth Community Association for Wildfire Awareness and Education program
• $2000 to the Mud River Beaverly Farmers Institute for the Annual Gathering
• $44,000 to the Pineview Recreation Committee for a pickleball court
• $25,000 to the Tabor Lake Clean Up Society for operating expenses
• $12,955 to the Tabor Mountain Recreation Society for Tabor Trails Accessible Facilities
• $4804 to the Bear Lake Recreation Association for a cooler
• $10,000 to the Mackenzie Men’s Shed Society for a shed foundation
• $5805 to the Dunster Community Association for insurance
• $8000 to the Valemount Climbing Club for operating expenses
• $25,000 to the Northwest Invasive Plant Council for operating expenses

Something going on in the Prince George area you think people should know about?
Send us a news tip by emailing [email protected].

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