Public Notice - Bylaw No. 9/2025 - Loan Agreement for Yorkton United Football Club

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Public Notice

Bylaw No. 9/2025 – Loan Agreement for Yorkton United Football Club

Details: Yorkton City Council will consider Loan Bylaw No. 9/2025, which is proposed to formalize a loan from the City for the development of two mini soccer pitches located at 305 Gladstone Ave South and adjacent to the Logan Green Soccer Complex.

The Cities Act permits a City to loan money to non-profit organizations by bylaw, if it is of benefit to the city. The Yorkton United Football Club has guaranteed the repayment of the debt, however it will be done in increments over time. The loan from the City is for $545,000.00 CAD and will be repaid in equal instalments over 10 years interest free.

Pursuant to The Cities Act, the Bylaw is to be publicly advertised before Council makes their final decision.

Public Hearing: City Council will hear all persons who are present and wish to speak to the proposed loan bylaw and all written submissions will be read verbatim, unless the submitter is in attendance to speak on the submission, on Monday, March 24, 2025 at 5:00 p.m. in City Hall Council Chambers, Yorkton, SK.

Written Submissions: If you wish to provide written comments for Council’s consideration, they must be submitted by 9:00 a.m. on Wednesday, March 19, 2025. Written submissions must be directed to:

            Jessica Matsalla, Director of Legislation and Procedures
            In Person:        37 Third Avenue North, Yorkton, SK
            Via Mail:          Box 400, Yorkton, SK S3N 2W3
            Via Email:        jmatsalla@yorkton.ca

For More Information:

To see the proposed bylaw and administrative report for this item, please visit www.yorkton.ca. Click or tap on the “Council Meetings” link and select “Agenda and Information Package” for the March 3, 2025 Regular Council Meeting.  The report will be found in the Information Package that follows the Agenda.

Questions regarding the proposed bylaw may be directed to:                                 

            City of Yorkton, Recreation & Community Services Department
            Phone: 306-786-1750
            Email:  parksandrec@yorkton.ca