The Town of Golden is committed to the ongoing inventory, analysis, and prioritization of core infrastructure renewals. This includes upgrades and improvements for roads and deep utilities; buildings and the systems associated with them.
Right now we have reached a point where two of the highest priority infrastructure renewals cannot wait any longer: the street block between IGA and Ford (9th Ave. North) and between Ford and the Downtown Car Wash (8th Str. North).
At the February 9, 2021 regular meeting, Council gave the first three readings to Loan Authorization Bylaw No. 1444, 2021, initiating the Alternative Approval Process (AAP). If adopted, it will allow the Town to borrow up to $5 million to fund the projects above, fund future projects that meet infrastructure priorities, and repay the debt over 25 years.
As part of the AAP, the Town is now seeking approval from residents to borrow this money. Should we get your permission to borrow, we will start the 9th Avenue project in the spring of 2022.
Here’s how it works:
Citizens who are eligible electors within the Town of Golden, who are OPPOSED to the borrowing, must register their opposition by submitting ‘Elector Response Forms’ in person to Town Hall before 4 p.m. on Monday, April 26, 2021 to submit the forms. You can pick up the forms at Town Hall or download them from our website at www.golden.ca/AAP. Forms must be submitted in person.
To learn more about the proposed bylaw and the Alternative Approval Process, visit www.golden.ca/AAP or pick up the documents from the front counter at Town Hall.