PUBLIC NOTICE: To Request Permission to Borrow to Finance Operating Expenditures for the Current Year

PUBLIC NOTICE:

TO REQUEST PERMISSION TO BORROW TO FINANCE OPERATING EXPENDITURES FOR THE CURRENT YEAR.

Application will be made to the Town of Maple Creek Council for permission to borrow from the BMO Maple Creek, a sum not to exceed $1,000,000.00 for the purpose of financing operating expenditures; AND that the amount of the said debt shall be payable upon receipt of current year’s taxes and/or unconditional provincial or federal grants in accordance with the Municipalities Act,
Section 162 and 163 to be presented at Special Meeting to be held on January 29, 2021.