Regional District of North Okanagan directors have approved a temporary borrowing bylaw for $2.3 million for its share to purchase the abandoned CP Rail line from Spallumcheen to Sicamous. (forums.clubtread.com/PMJ Wright photo)

Rail trail purchase proceeds

RDNO to borrow $2.3 million to pay for CP Rail corridor purchase from Spallumcheen to Sicamous

A second rail trail initiative for the North Okanagan has moved a step closer.

Regional District of North Okanagan directors voted unanimously Wednesday to approve and adopt a temporary borrowing bylaw for its share to purchase the abandoned CP Rail corridor between Spallumcheen and Sicamous.

The RDNO portion of the $6.5 million purchase fee, shared between province and Columbia Shuswap Regional District, is $2.3 million.

“The closing date for the purchase is December 15, and it’s on this date we are required to pay our share of the money,” said RDNO board chairperson Bob Fleming.

The Splatsin Band also owns parts of the line, and has been working collaboratively with the regional districts.

The temporary borrowing bylaw allows the regional district to borrow funds from the Municipal Finance Authority in advance of receiving proceeds from the long-term debt issue which is anticipated in the spring.

Temporary borrowing must be repaid once the proceeds from the long-term debt have been received.

Fleming, meanwhile, announced that he’ll meet with the mayors of Vernon, Coldstream, Lake Country and Kelowna on Nov. 24 to discuss issues around the Okanagan Rail Trail from Coldstream to Kelowna.

“These include all areas of common interest including governance, common standards for maintenance, commercial development around the trail and any other issues the partners feel may be important,” said Fleming. “It’s my hope we at least create a format to allow for open communications amongst the partners.”

The meeting is slated to be held at a Vernon hotel.



roger@vernonmorningstar.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Firefighters and RCMP are on scene at a fire on Douglas Street. (Jocelyn Doll - Revelstoke Review)
PHOTOS: Firefighters battling blaze on Douglas Street

RCMP are also on scene and blocking off access to the street

COVID-19. (Image courtesy CDC)
Interior Health reports 18 COVID-19 cases, highest daily count since July

The total of COVID-19 cases in the region is now at 662

A Kelowna clinic decided to immunize their patients in a drive-thru flu clinic earlier this month. (Twila Amato - Black Press Media)
Interior Health anticipates increase in flu vaccinations this season

Some 300,000 doses of flu vaccine ready for distribution across Southern Interior

Zuzana Riha’s last exhibition at the Revelstoke Visual Arts Centre was in October 2018. She has another coming up in November 2020. (Jocelyn Doll/Revelstoke Review)
Revelstoke gallery exhibition opening coming Nov. 5

The November show will feature Zuzana Riha in the main gallery

Snowfall in the Okanagan shatters records. (Contributed)
Snowfall in Okanagan breaks records dated back to 1899

Penticton has received over 10 cm today, surpassing the 8 cm record set in 1957

B.C. provincial health officer Dr. Bonnie Henry gives a daily briefing on COVID-19 cases at an almost empty B.C. Legislature press theatre in Victoria, B.C., on March 25, 2020. (Don Craig/B.C. government)
B.C. sees 223 new COVID-19 cases, now 2,009 active

Two new care home outbreaks in Surrey, Burnaby

Cole Collingwood casts his mock ballot at Vernon’s Mission Hill Elementary School ahead of the provincial election Oct. 24, 2020. (Brendan Shykora - Morning Star)
PHOTOS: Okanagan students cast mock election ballots

At Mission Hill Elementary, the election is a chance to learn about the democratic process

BC Liberals Leader Andrew Wilkinson, BC Greens Sonia Furstenau, BC NDP John Horgan (The Canadian Press photos)
British Columbians vote in snap election called during COVID-19 pandemic

At dissolution, the NDP and Liberals were tied with 41 seats in the legislature, while the Greens held two seats

Thanks to efforts by a Kelowna shelter and Elections BC, anyone who wishes to can vote in the 2020 BC Provincial Election, even if they don’t have a fixed address. (THE CANADIAN PRESS/Darryl Dyck)
Kelowna group ensures people experiencing homelessness can vote

Shelter supervisor says voting ‘a fundamental right’ even for those without a fixed address

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

(Big White Ski Resort photo)
Big White receives 21 cm of snow in 24 hours

Resort’s snow base 41 cm deep, one month until opening day

The deer were allegedly shot within Princeton town limits, late at night. Black Press File Photo.
Armed man, in full camouflage, allegedly shoots deer in downtown Princeton

‘The list of charges goes on and on,’ said RCMP Sgt. Rob Hughes

Andrew Allen performed for two intimate crowds of 50 at the Vernon and District Performing Arts Centre Oct. 17. (Camillia Courts Photography)
Live events continue on North Okanagan stage

First Andrew Allen plays two sold-out shows, next up have a laugh with comedian Mike Delamont

Most Read