Management changes made debt repayment difficult: Seniors Society

The Rossland Seniors Housing Society suggests years of senior management changes at City Hall didn’t help regarding their outstanding debt on Esling Park Lodge. With a repayment deadline missed City Council has now told the Society to start paying principle and interest on a $270,000 loan. Board member Bill Profili says it was hard to negotiate a deal with the administrator retiring then his replacement now on extended sick leave.

And Profili says there was also conflicting messages from previous Councils about possibly writing off the debt. But he concedes each of the seniors units will now incur about $80 a month more to pay off the debt.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. small businesses brace for end of U.S. duty-free exemption

Small businesses in British Columbia are preparing for a financial hit from the U.S. elimination of de minimis exemptions on shipments.

SPCA cat Sophie ready for a new home

Sophie is this week's Summit Radio Pet of the Week from the BCSPCA in Castlegar!

Bailey Monteith named Trail Smoke Eaters assistant coach

A lifelong Smokies fan through his family’s passion for the team, Monteith carried that pride into his own hockey career as a goaltender in the BCHL and MJHL.

West Robson boil notice cancelled

The Regional District of Central Kootenay says the boil notice issued Aug. 8 has been lifted.

Record Ridge project avoids environmental assessment

A proposed magnesium mine southwest of Rossland will not be subject to a full-blown environmental review.
- Advertisement -