Greater Vernon Advisory Committee voted
unanimously Thursday to recommend to the Regional District of North
Okanagan directors that staff acquire public consent for debt financing
through referendum to a maximum of $8.5 million to build a track and
field facility in Greater Vernon. “It’s always been my philosophy that we should go
to referendum so that when we spread out our debt it’s the people who
benefit from the facility that will be paying for it,” said GVAC
alternate director Bob Spiers from the City of Vernon. The other option presented to directors for
borrowing was the alternate approval process, which would require 10 per
cent of the electorate to sign a petition that would defeat a motion to
borrow the funding. Two sites have been proposed for the home of such a facility. One is Kin Race Track although the track is still
mired in a court battle and GVAC does not know when or if the track
would become accessible. The other site is at Okanagan College, where a
5.8 hectare parcel has been identified. The property is within the
Agricultural Land Reserve, however non-farm use has been approved
by the Agricultural Land Commission as long as the facility is built
within three years of November 2011 and that the topsoil on the site is
maintained. A 40-year lease agreement has been established
with Okanagan College for the construction of an athletic facility and
football and soccer field. The only limitation, states a report to GVAC,
would be the financing and the timeliness of the construction. “This project is a want project, not a need
project,” said GVAC director Bob Fleming of Electoral Area B, BX-Swan
Lake. “It will be built for the purpose of providing a service for a
certain segment of the population, and to make the community better.” Administrator Trafford Hall warned directors there were pros and cons to both a referendum and the alternate approval process. “We will manage the process regardless,” said Hall. If the board approves consent through referendum,
then preparation and execution costs would be brought back to GVAC for
approval.
Borrowing money to pay for a new sports facility in Greater Vernon is on track for referendum.
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