Civic Centre Kitchen
Town Council has authorized staff to draw $28,750 from the Town’s contingency reserve to cover the cost of the Civic Centre Kitchen project, which has gone over budget.
Up until this point, 100 per cent of the project’s budget had come from grants (from the Columbia Basin Trust and the CSRD Economic Opportunities Fund).
The increase in cost is mainly due to unexpected electrical infrastructure. The project is currently two thirds of the way done.
Winter Sand Supply
The Town of Golden has awarded O. W. Braisher Contracting Ltd. a three-year contract for the municipality’s sand supply.
After a two-week period of advertising a tender call for the contract, the Town received no bids. They then invited quotes from three potential suppliers.
The three quotes they received varied greatly in cost. O. W. Braisher Contracting Ltd. was by far the lowest bid, with a total annual cost of up to $25,000 plus taxes.
Given the discrepancy in the quotes, Manager of Operations Chris Cochrane suspects that the cost of sand supply could go up drastically in the coming years.
Network Server Replacement
The Town of Golden’s current IT Server needs to be replaced, and council has approved a capital expenditure of $30,000 for the purchase of a new one under the 2013-2017 Financial Plan Bylaw.
Staff have been authorized to take out a short-term $30,000 loan, which will incur an interest rate of 1.72 per cent over a three-year period.
The Town of Golden will own the server, and will be making an estimated total annual payment of $10,267.