economic development

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RDOS board scuttles economic development bylaw

PENTICTON - Plans for a regional economic development fund came to a sudden end at last week’s regional district board meeting.

Directors at the Regional District of Okanagan-Similkameen voted to rescind and abandon a new economic development bylaw at last Thursday’s regular board meeting.

West Bench Director Michael Brydon spearheaded the effort to create a new fund last February, citing the need for the board to be more transparent when dealing with annual funding requests for grants such as those made by the Okanagan Film Commission.

Challenge Penticton owners disappointed, but undeterred, after $48,000 sponsorship request denied

(see also the board update on this)

Challenge Penticton’s owners are disappointed, but undeterred, after local politicians voted Thursday to turn down their request for a sponsorship deal.

In a unanimous decision, the board of the Regional District of Okanagan-Similkameen decided to take a pass on a three-year, $48,000 agreement proposed in July by the race operators.