The Sunshine Coast Regional District has received elector approval to borrow up to $13.18 million over 20 years for the Langdale wellfield project.
Provincial legislation required the SCRD to hold an alternate approval process before it could commit to issuing the debt. Under that process, electors had the opportunity to oppose the borrowing; those who did nothing were assumed to approve.
“Elector approval is obtained if less than 10 per cent (2,197) of the total eligible electors state their opposition to the borrowing by submitting a response form to the SCRD,” said Sherry Reid, SCRD corporate officer. “The AAP returned 75 response forms certified as valid in opposition to the borrowing by the deadline; therefore elector approval has been obtained.”
