Replies to post #16082 on First American Scientific Corp. (fka FASC)

[Jagman]

Picky, picky....next thing you'll be saying is HUGE contracts with HUGE companies like Haliburton don't mean anything until material is shipped......

[TRCPA]

Sleepin......here is the council enactment for January 22, 2007, for those who don't know what you are referencing.

http://www.city.pg.bc.ca/cityhall/agendas/2007/2007_01_22.pdf

Page 161....

"A Bylaw to authorize the borrowing of funds for the estimated cost of various projects under sewer funds.

WHEREAS it is deemed desirable and expedient to underake various projects under sewer funds;

AND WHEREAS the estimated cost of the various projects, including expenses incidental thereto, is the sum of seven hundred and twenty thousand dollars ($720,000), which is the amount of debt intended to be created by this Bylaw;

NOW THEREFORE the Council of the City of Prince George, in open meeting aseembled, ENACTS AS FOLLOWS:

1. The Council is hereby empowered and authorized to undertake and carry out or cause to be carried out the Waste Water Treatment Centre Micronex, generally in accordance with the plans on file in the municipal office, and to do all things necessary in connections therewith and without limiting the generality of the foregoing:

a)To borrow upon the credit of the Municipality a sum not exceeding six hundred thousand and fifty dollars ($650,000); and

b) To acquire all such real property, easements, rights-of way, licenses, rights or authrorities as may be requisite or desirable for or in connection with the Waste Water Treatment Centre Micronex."