July 19th Council Meeting Snippets
- A short and very efficient meeting
- Congratulations to Al Skucas and John Mandryk on their appointments to the Rails to Trails Committe
- A 3% –5% plus HST increase in User Fees for Cranbrook’s Recreational Facilities achieved third reading
- Administration Update included Quarterly and Year to Date Construction Information for 2010 compared to 2009
Year to Date Comparisons - All Construction
(January 1 - June 30)
Category Year to Date 2010 Value Year to Date 2009 Value
Residential $16,550,310 $7,699,199
Commercial $650,000 $11,556,013
Industrial $990,000 $1,497,000
Institutional $2,301,000 $377,500
Government $0 $0
Signs $41,206 $92,956
* This amount includes the Walmart expansion that did not take place. The project was scaled down to interior renovations only.
The full Admin. update can be found under Council Packages at the City website. http://www.cranbrook.ca/
Afterthoughts and Some Questions:
Will it be possible for the rate of residential construction to be sustained with the relatively large inventory of homes in the area for sale (as reported at the Council Meeting of June 28th) and an increasing vacancy rate? How will this situation affect housing prices?
Congratulations to Al Skucas and John Mandryk on being selected for the Rails to Trails Committee! Was on the Cranbrook to Marysville return trip today and loved it.
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