DOCUMENT 4
Document 4 – Revisions to Delegation of Authority By law
DEBT ISSUES
16. (1) The Treasurer is authorized to proceed with one or more debt
issues at any time during a calendar year provided
that,
(a) the annual debt charges are within the debt servicing budget
as approved by Council in the annual operating and capital budgets, and
(b) the project debt authority has been previously approved by Council.