Decision
Nanaimo Builds for the Future Plan Update (Part 1)
Carried 6 Oct 2025The vote
What it does
Purpose, from an earlier report
To provide Council with an update on potential major capital projects to be funded by long-term borrowing and set context for significant capital expenditures over the short and medium term.Staff report, page 1
Votes
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6 Oct 2025otherCarried 9–0
That Council direct Staff to update Council's Debt Management Policy to allow long-term borrowing without electoral approval when the City is within the allowable assent free borrowing limit.
Documents
- Staff report, 6 Oct 2025
- Meeting agenda, 6 Oct 2025 Nanaimo Builds for the Future" Plan Update (Part 1)