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Only four properties on city s back-tax auction, with collection efforts dating back to 2017

Only four properties on city s back-tax auction, with collection efforts dating back to 2017
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Power sale could mean stable endowment fund - Medicine Hat NewsMedicine Hat News

Power sale could mean stable endowment fund Poll Do you agree with the city’s decision to collapse certain advisory boards into one, nine-member Community Vibrancy Board? Yes Local administrators and elected officials say proceeds from any potential sale of the power plant could lead to an endowment fund providing more stable income and less risk to the city. That’s led to questions about what such a fund would look like, how it would operate and how it could be safeguarded to provide stable income far into the future. Some opponents have expressed doubts, stating forgone operating revenue in the sale-fund model makes it less attractive.

$6M shifted to help with relief projects - Medicine Hat NewsMedicine Hat News

$6M shifted to help with relief projects Poll Yes The city has re-allocated more than $6 million in previously budgeted capital spending to accommodate a host of new projects outlined last fall to take advantage of federal grant changes to spur the economy over the next year. Cancelling or delaying the municipal items, or using the unspent portions of budgets that came in less than expected, keeps the city’s capital spending at par, administrators told the News on Friday. Meanwhile, they said, the federal grants originally part of a longer-term transit upgrade fund will give “bigger leverage, and spending sooner” to stimulate economic activity coming out of the COVID pandemic in 2021.

Post-COVID future for rec centres depends on a lot - Medicine Hat NewsMedicine Hat News

Post-COVID future for rec centres depends on a lot Poll Yes On Monday night, council agreed to a 2021 budget plan that would keep the Moose Rec centre arena, the Heights outdoor pool and the Crestwood Rec centre closed through the end of 2021. Those were the only facilities to not reopen from health restrictions this summer and fall as administrators weighted cost benefits of reopening them with reduced demand during the pandemic. Now, keeping them closed for all of 2021 will contribute an unspecified amount toward the goal of cutting $14 million out of the city’s operating budget. Coun. Julie Friesen stressed that no final decision has been made on the facility’s future, but hard decisions may have to be made.

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