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| Coun. Don Mitchell speaks about his motion to transfer the city’s share of revenues from the sale of seven jointly funded Moose Jaw Housing Authority family housing units from the accumulated surplus to a housing reserve at Monday's council meeting. Times-Herald photo by Lisa Goudy |
City revenue collected for seven housing units will now be in a housing reserve fund.
The majority of council voted in favour of Coun. Don
Mitchell’s motion as amended to transfer the city’s share of revenues
from the sale of seven jointly funded Moose Jaw Housing Authority family
housing units from the accumulated surplus to a housing reserve to
contribute to provincial and federal government housing projects.
“For us to even discuss with the province potential
partnerships to address some of these projects, we need to have a
resource base that’s been recognized by council,” said Mitchell. “To
identify an account and to initiate that with the housing revenues from
the sale of past family housing units, which was not considered by the
previous council because they didn’t know that was happening, I think is
an appropriate step.”
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