Notice to the General Public of the Village of Holden – Proposed Borrowing Bylaw No. 2-2023

The purpose of the Proposed Borrowing Bylaw No. 2-2023 is to meet the requirements of ATB in relation to the Village Operating Line of Credit that has be ongoing for a number of years. ATB requires that Council annually pass a borrowing bylaw for the line of credit. This Line of Credit covers the Village credit card and if necessary, operating cash flow. However, before the Line of Credit is used for Operating cash flow, Council would be notified by Administration and agree to the use.

A copy of the proposed bylaw may be viewed at the Village Office, 4810 – 50 Street, Holden, AB.

If any resident of Holden has concerns with the proposed bylaw, they may send a notice of their concerns to the Village Office, Box 357, Holden, AB T0B 2C0. The notice must outline the concern(s) that the individual has with the proposed bylaw and the reason why they are concerned.

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