It’s a strong signal of support that highlights the credibility of Trail’s plan to build a new library and museum.
That’s the reaction from the Silver City’s CAO David Perehudoff after the Columbia Basin Trust committed $500,000 towards the proposed Riverfront Centre on the old Eagle’s lot.
He says they’ve been talking to the Trust for some time.
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The Trust grant means Trail residents will decide at referendum in November if they want the city to borrow about $5.7 million for the facility – which would mean a maximum $76 increase in tax per average household.
That figure could decline further if the library and/or museum are able to secure other grants or fund-raising.
