Town Council is pursuing a satellite boundary extension to include the properties of Copper Mountain Mine into the Town of Princeton.
Although the mine and it’s employees benefit from services in Princeton, the town receives no tax revenue.
CAO Rick Zerr and director of finance, Shirley McMahon have been working on this proposal for six months. “No lack of effort here,” said Mayor Frank Armitage during the June 16 regular meeting of council. “I commend you both on the great job.”
With a motion made by Councillor Maynard and seconded by Councillor Pateman, council endorsed the extension and authorized staff to forward the submission to the Ministry of Community, Sport and Cultural Development and fulfill all of the necessary statutory obligations.
Council received and approved the 2013 Statement of Financial Information and the 2013 Small Community Investment Fund Report.
The financial statement includes information with respect to debt, payment to suppliers, employee and council remuneration and expenses and will be made available to the public on the town website.
The Small Community Investment Fund Report (a report which outlines what is accomplished with funds received in the prior year) will be available to the public via the town website as well. Visit princeton.ca for more information.