Peachland council has decided to bank a grant from the provincial Growing Communities Fund, despite one councillor asking they spend some of the cash now.

含羞草研究社淲e have acute existing needs for some of the money, specifically the Senior含羞草研究社檚 Hub,含羞草研究社� said Randy Brophey. 含羞草研究社淚 would like to see some of the money allocated for that.含羞草研究社�

Mayor Patrick Van Minsel noted that the district is still waiting on details from the province on how the more than $2.7 million can be spent.

Instead, the money will be deposited into some type of guaranteed investment certificate.

含羞草研究社淧utting it in a guaranteed investment for a year at five percent would yield an additional $125,000,含羞草研究社� added Van Minsel. 含羞草研究社淚t gives us one year to see what we can do with it.含羞草研究社�

Brophey countered that the Senior含羞草研究社檚 Hub needs to have a certain amount of money by July in order to qualify for a grant.

含羞草研究社淭hey have an acute short-term need specific to providing the food bank. I would hope we could allocate some of the money to those acute needs.含羞草研究社�

Van Minsel suggested Brophey bring forward a notice of motion so council can discuss the matter at later date. The mayor pointed out that the district also has infrastructure needs.

含羞草研究社淥ur roads are coming up and $2.7 (million) seems like a lot of money, it is not.含羞草研究社�

The district has up to five years to spend the money.

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