Public Notice: Intent to Incur Debt

Public notice is hereby given that in accordance with the Public Notice Bylaw Notice 20­05

adopted by the Town of Kindersley, in accordance with The Municipalities Act, the following item

will be discussed by the Council of the Town of Kindersley at its regular meeting to be held at

6:00 pm on Monday, October 26, 2015 at the Town Office, 106­5th Ave. East, Kindersley.

The Council of the Town of Kindersley is proposing that the existing line of credit in the amount

of $1,000,000.00 be continued and remain in force for the year 2016 in accordance with all

existing terms and conditions.

This credit forms a part of the Town’s banking arrangements. It is a revolving line of credit that

permits borrowing as may be necessary from time to time, for general operating expenditures.

This loan will be repaid from general revenues of the Town and will carry a variable interest rate

throughout its term.

Dated this 14th day of October, 2015 at Kindersley, Saskatchewan.