City Hall Concept
Artists Concept Rendering

Buller Street Revitalization Project Frequently Asked Questions





The Town of Ladysmith is conducting an Alternative Approval Process (AAP) to obtain elector approval to proceed with borrowing 13.5 million dollars for the construction of a City Hall and institutional space. The new City Hall would be located beneath a purpose-built housing development for middle income renters located at 1st Avenue and Buller Street.  


What is an Alternative Approval Process?

 

An Alternative Approval Process, or AAP, is a cost-effective option for a municipality to seek the approval of its electors. In this instance, the Town wants to borrow 13.5 million dollars for the construction of a new City Hall and institutional space. The Community Charter requires elector approval for any borrowing that will be repaid over more than five years.

The AAP is an opportunity for eligible electors to express their opposition to the borrowing.

 Starting Friday, May 24, 2024, eligible electors can submit their completed Elector Response forms by mail or in person at City Hall. The deadline for receiving Elector Response forms is Tuesday, June 25, 2024, at 4:00pm.

 

Partnerships


The proposed City Hall and institutional space is part of the Buller Street Revitalization project. The AAP is the process for the Town to proceed with borrowing funds for its share of the project which is the city hall and institutional space. The remainder of the Buller Street Revitalization Project, which is purpose-built housing for middle income renters, will be funded by the BC Government and Catalyst Community Development Society through provincial grants and developer financing. 
 

Partners

 

Catalyst Community Development

Catalyst is a not-for-profit development group that develops, owns and operates affordable rental housing across BC. They specialize in partnerships with municipalities, non-profits, charities, and other institutional and private owners.

Find out more about Catalyst here: https://catalystcommdev.org/

BC Housing

BC Housing develops, manages, and administers a wide range of subsidized housing options across the province.

BC Builds is a new Provincial initiative delivered through BC Housing that leverages government, community, and non-profit owned land to deliver more homes for middle-income people. It is supported by grant funding and financing from the B.C. Government.


Find out more about BC Builds here: https://www.bcbuildshomes.ca/

Buller Street overhead