Regarding Borrowing By-Law No. 7411 to Pay for the Purchase and Retrofit of a Police Operations Centre

The Council of the City of Brandon, at its regular meeting to be held in the Council Chambers, Civic Administration Building (2nd Floor), 410 – 9th Street, Brandon, on Monday, March 3, 2025, at 7 p.m., will hold a public hearing and consider giving 1st reading to By-Law No. 7411 for the following proposal to borrow $2,800,000.00 to pay for:

The purchase and retrofit of a building for the purpose of a Police Operations Centre.

Total estimated project costs of $4,500,000.00 will be funded by:

1. Police Reserve $1,700,000.00
2. Borrowing By-Law 7411 $2,800,000.00

The borrowing will be repaid over 10 years at a maximum interest rate of 6.625% per year.
The annual repayment amount will be no more than $391,774.68 to be levied annually as part of the general municipal levy.

Copies of proposed By-law No. 7411 are available to the public in the City Clerk’s Office, 410 – 9th Street, Brandon, during regular office hours 8:30 AM to 5:00 PM or listed under Public Notices on the City’s web site at www.brandon.ca.

Dated at the City of Brandon this the 5th day of February, 2025, and issued pursuant to Sections 169(6) and 174.1(1) of The Municipal Act.

By-Law 7411 Police Operations Centre Project (561 KB)