AAP opens to finance new Ladysmith City Hall
LADYSMITH — A 33 day legislative process is underway which aims for elector approval to borrow money for a new Ladysmith City Hall.
An alternative approval process (AAP) opened Friday, May 24 and will run through June 25 at 4 p.m with voters asked for input on the Town borrowing up to $13.5 million for the project, which is proposed to sit below residential housing units on the same lot.
The Community Charter stipulates elector approval is required for any local government borrowing that will be repaid over more than five years.
Mayor Aaron Stone said discussion has taken place for the better part of a decade on the need to upgrade the site at the corner of 1st Ave. and Buller St., with the mayor noting the project only gets more expensive as time passes.