Concerns raised at Council over city debt limits
MEDICINE HAT, AB — Some concerns were raised at Monday night’s City Council meeting about Medicine Hat’s current debt levels.
Council approved borrowing money to complete renovations on some city owned buildings including the Electric Distribution building and the Animal Pound And Rescue Centre building.
Those add to the city’s debt bringing the total to $304,020,459.25 or 49.68 per cent of the debt limit under the Municipal Government Act.