City looking to raise its debt limit

Lisa
Lisa Goudy
Send to a friend

Send this article to a friend.

Moose Jaw city hall is pictured.

The City of Moose Jaw is requesting a higher debt limit from the Saskatchewan Municipal Board.

Councillors passed a motion to request an established debt limit of $95 million for the city.

The current debt limit for the city is $63 million as established on Feb. 25, 2009. The debt limit was established for a three-year period ending in December 2011 and another three-year period that ends on Dec. 31 of this year.

Presently, the city has a total of $35 million in outstanding debt. The city anticipates additional borrowing that will be required for several upcoming projects.

For full details, go here.

  • 1
  • 2
  • 3
  • 4
  • 5

Thanks for voting!

Top of page

Comments

Comments

Recent comments

  • Concerned Visitor
    July 19, 2014 - 07:28

    When is the City of Moose Jaw going to start repaving their roads and upgrading their traffic lights. They should be ashamed with the amount of tourism they have come through their city and the impression they leave behind. At the very least Main street should always be kept up and looking great. There traffic lights are always out of service and the amount of pot holes is outrageous. Perhaps the tax payers and tourists should start sending the City of Moose Jaw their vehicle repair bills. Their snow removal in the winter is another issue. If you were to ask any of the residents that live there about it, they would probably say that the City of Moose Jaw doesn't have a snow removal program. Last winter someone had to literally ice skate down Main Street and have it posted in the media before the City took any action on snow removal. I am not a Moose Jaw city tax payer, nor am I a resident of the fine City of Moose Jaw. I do however come to visit the City of Moose Jaw quite frequently and this is the impression that you leave behind for people to tell others. I sure wouldn't be proud to know that I live in a city with a reputation such as this.