The Regional District of Nanaimo’s board voted to re-allocate $136,000 originally earmarked for the Island Corridor Foundation.
At Tuesday night’s Regional District of Nanaimo’s (RDN) committee of the whole meeting, the board passed the motion to re-allocate the money, although the board has not yet decided where to direct the funds.
According to the agenda, the money has been held in reserve since the RDN terminated its agreement with the ICF in the spring of last year.
The options for the re-allocation of the money are: maintain the funds in a reserve to be used for evaluations and analysis related to the establishment of services or the review of existing services, apply the funds to other services such as parks or grants-in-aid or apply the funds directly to the Legislative and Electoral Areas 2017 budgets.
RDN chair Bill Veenhof said the board and RDN staff are going to do a service review, which will cost some money, adding that they’re still scoping out the price of that effort.
“It could be a huge body of work,” Veenhof said. “I think what we’re going to try and do is narrow in on a few things that have meaningful outcomes.”
The agenda also stated that there was no specific provincial criteria for the use of the Strategic Investment Funds other than to use them to benefit the community.
The next regular RDN meeting is Jan. 24 at 7 p.m. at 6300 Hammond Bay Rd. in Nanaimo.
— NEWS Staff