https://www.cbc.ca/news/canada/saskatche...view-central-library-financing-1.7258447
Regina city council approves central library debt financing
Regina city council has approved a request from the Regina Public Library board of directors to be able to take on debt to finance a new central library location.
The board was asking for approval to take on an amount of debt between $92 million and $119 million.
At Tuesday's council meeting, city administration was asking council to defer its decision on committing to that debt financing until the third quarter of 2024, when the administration could provide a recommendation on the financing needs on other capital projects.
It looks like Regina has two major construction projects happening soon and library won’t be out the Cornall center. It’ll be a standalone building. Hopefully it looks good.
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