Page 9 - December 4, 2017
P. 9


West Yellowhead Community Futures updates County

by Dana McArthur core services in the West Yellowhead banks but we are usually lending to "Our most successful project in the
region including business coaching, people who can’t get loans County has been the Yellowhead
During the November 28 meeting of business training, and business elsewhere," said Robbins. Loans are Food Initiative, and in partnership
Yellowhead County Council, financing," said General Manager based on an a 1 to 1 loan security with the County, we have been
Community Futures West Yellowhead Nancy Robbins. collateral. working on a Yellowhead County
gave an update on their recent The five municipalities where they WY Community Futures' current branding," said Robbins.
activities. work are the members of the loan portfolio of $1.65 million in the Councillor Shaun Berry asked,
Community Futures West corporation owning 20% each, but region consists of 34% Edson, 22% "Were can we find products with this
Yellowhead is non-profit corporation CFWY does not take financing from Hinton, 14% Jasper, 11% Yellowhead branding in the area." Robbins
that provides community economic the member municipalities. Instead, it County, and 11% Grande Cache (11% replied, "We are being very cautious
development in the region through is funded quarterly from the federal is outside the region). as we don't want just anyone using
projects and partnerships in the five government based on meeting "Our loan portfolio is smaller right our branding. We are being selective
communities of Hinton, Grande minimum performance standard now. Five years ago we had $2.5 with our requirements. Currently
Cache, Edson and Yellowhead indicators each fiscal year. million out but it's gotten smaller Wild County Gardens and Leaman
County. "We can loan up to $150,000. Our partly because we've learned not to Exchange use the branding," said
"We are mandated to offer three interest rates are higher than the loan so much to start-ups, and a good Nancy.
success rate of people paying us back. Other initiatives discussed included
County Council Highlights Nov. 28 Also, everyone seems to be in a their Entrepreneurs with Disabilities
program and Building Health and
holding pattern waiting for the
pipeline to start," said Robbins. Safety Capacity in Small Business.
Weed Control Resolution – Sun Gro Access Road – Council
Council is supporting a resolution that approved a temporary extension to Peers and District Cultural
asks that the province meet their Sun Gro Horticulture Ltd. for the
mandated obligations for weed completion of the road construction to and Agricultural Society
control on publicly owned vacant RR 85, with a new deadline of June
provincial land. The resolution will be 22, 2018. o/a Peers Area Community Group
brought forward at the North West Lease Renewal – Yellowhead
Association of Alberta Agricultural County renewed a lease agreement ANNUAL GENERAL MEETING
Fieldmen (AAAF) Regional with Eugene and Wanda Miluch to
Conference, and if passed, will be continue the crop production on the
lobbied to the province by the AAAF property at a rate of $950 per year Monday, December 18, 2017
organization on behalf of the over a five-year term.
supporting communities. SDAB Appointments – Darrell 7:30 to 8:30 pm
Road Plan Closure – A small Talpash and Bob Gliddon were
section of a road plan northeast of appointed to the Subdivision and Peers Multiplex
Shiningbank Lake used for road Development Appeal Board (SDAB)
drainage is being closed as it does not with a four-year term expiring
meet the requirements for the current October 31, 2021. The board hears More information at
road infrastructure. A new road plan appeals from decisions made by the
better suited to the requirements will County's Development Authority and
be implemented. These changes will Subdivision Authority. The board
not affect travel on the adjacent TWP consists of 6 community members or 780-204-0876
RD 570. and three County Councillors.

Phone: 780-723-4800 Toll Free 1-800-665-6030 Fax: 780-723-5066
8:00 AM - 4:30 PM
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