PRÊT POUR FINANCER LA CASERNE DE POMPIERS
la banque du Canada a augmenté son taux d’intérêt directeur à 1,5%. La prochaine mise à jour du taux directeur aura lieu le 13 juillet 2022. L’administration a donc contacté les trois institutions financières avec lesquelles la Municipalité fait affaire afin de déterminer quelle proposition serait la plus avantageuse. L’administration juge qu’un emprunt d’une durée de 5 ans donnerait présente- ment plus de flexibilité à la municipalité, puisqu’il sera possible d’obtenir un taux plus
bas, d’aller avec Infrastructure Ontario, ou de rembourser totalement le prêt. Dans le cas d’Infrastructure Ontario, le prêt sera gelé jusqu’à la fin, donc, si le taux baisse ou augmente, notre prêt restera au même montant. Cependant, Infrastructure Ontario n’offre pas la possibilité d’acquit- ter un emprunt avant la fin de la période d’amortissement. Le taux d’emprunt sera supérieur au taux moyen des emprunts à long terme de la municipalité qui se situe présentement à 2,72%.
RUSSELL TOWNSHIP AMENDS PAY STRUCTURE
CHRISTOPHER SMITH christopher.smith@eap.on.ca
structure approved, this will now change. The only position not getting a new salary is the position of bar server, which is the only level one position. Level two positions will have a starting salary of $15 per hour, level three positions will start at $16 per hour, level four positions will start at $17 per hour, level five positions will start at $18 per hour, and level six posi- tions will start at $19 per hour. Level two and three positions will receive a 25-cent raise after one year, a further 50-cent raise after two years, and a 75-cent raise after three years. Positions at level four and above will receive a 50-cent raise after one year, a further 75-cent raise after two years, and a $1 raise after three years.
The pay structure for several hourly positions around the township has been altered. During the regular meeting on June 20, Russell Township council approved revisions to the student and part-time salaries that the township refers to when hiring for certain positions. This is in anticipation of Ontario’s minimum wage increasing to $15.50 on October 1 this year. Salaries are currently divided up into six levels, with several different positions in each level. No matter the level, each consecutive year worked in the position earns a 25-cent raise. With the new pay
The municipality of Casselman authorized the administration to take out a five-year loan of over $3 million with a 20-year amortization to finance the fire station. —photo Charles Durocher
CHARLES DUROCHER charles.durocher@eap.on.ca
avec un amortissement de 20 ans pour financer la caserne de pompiers. Le conseil municipal a dirigé l’administra- tion à contracter un prêt de 3,03 millions de dollars pour financer la caserne de pompier par la résolution 2022-164. Le 1 er juin 2022,
La municipalité de Casselman dirige l’administration à contracter un prêt de cinq ans de plus de 3 millions de dollars
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