At the March 28, 2012 meeting of the Nechako-Kitamaat Development Fund Society that took place in the community of Burns Lake, the Board of Directors approved funding for two projects in the communities of Burns Lake and Kitamaat Village. These approvals bring the fiscal year-to-date total funding from the NKFS to $399,639.
The two (2) newly approved projects are:
NKDF Society Chair Rosanne Murray said, “With many worthy applications coming forward, our Directors work very hard to make some difficult choices, always striving for the best decisions for each community, and for the investment area overall.”
“These funds from The Nechako-Kitamaat Development Fund Society (NKDF) will be very beneficial to these two organizations in moving forward with their projects,” says Nechako Lakes MLA John Rustad.
Colleen Nyce, Rio Tinto Alcan Manager of Corporate Affairs & Community Relations, said, “Congratulations to the Rose Lake Community Hall initiative and the Haisla Nation Council in their successful acquisition of NKDF monies this quarter. Rio Tinto Alcan is pleased that these funds are continually used in positive community enhancements and projects in the region.”
For those interested in applying to NKDF for funds, the next proposal deadline is August 10, 2012.
The Nechako-Kitamaat Development Fund Society was jointly established in 1997 with a combined contribution of $15 million by the government of British Columbia and the former Alcan Inc., now Rio Tinto Alcan. The Fund’s investment area includes lands impacted by the original Kemano project and focuses on those communities in the Ootsa, Lakes, Nechako and Haisla regions of the north.
The Society encourages applications from local governments and legally incorporated non-profit organizations. NKDF invests in projects that create sustainable employment, diversify the economy, and improve the basic infrastructure needed for community stability, quality of life and growth.
The Government of B.C. and Alcan Inc. each contributed $7.5 million to establish the Northern Development Fund in 1999. The investment income generated from this fund supports the NKDF grants program. Each partner has one representative serving on the board of directors. The NKDF is part of the portfolio of the Minister of Jobs, Trade and Technology.
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