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The city of Dawson Creek will listen to residents, and hold a referendum on its borrowing bylaws.

The Dawson Creek Daily News reports a petition, signed by at least a thousand people, has prompted city council to schedule the vote for November 21st.

At issue, is a policy that allows the city to borrow money for major capital projects, rather than having to raise taxes by a large percentage in one year.

That’s been standard operating procedure for the city for 30 years, but concerned citizens have now demanded a referendum on the issue, out of concern for spiraling costs.

Councilor Bud Powell is quoted by the Daily News as saying “a vote against this referendum will completely destroy where the city has gone over the past 10 years.”

Powell implies residents of Dawson Creek have three simple choices, borrowing money, raising taxes, or cutting services.

The city’s current five-year plan includes a tax increase of approximately zero per cent in 2010, three per cent in 2011, three per cent in 2012, and zero per cent in 2013 and 2014.

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