At their March 21, 2000 meeting the Society approved a Community Grant proposal that sees the lesser of 50% or $145,500 going to Kitamaat Village Council for the detailed design of Wathl Creek Commercial Area. This is one phase of a long-term project to develop a commercial sector in the community. The project has long been identified as a community priority.
Dave Merz, Society Chair, sums up the first seven months of operations by saying, "we have been pleased with the response to our grant programs to date. Our Board has received and reviewed a number of positive proposals and we have provided funding to five different community projects so far."
These projects are:
Other highlights of August 1999-March 2000 operations include the completion of a Policies and Procedures Manual for the Society and the distribution of full grant program information in the Society’s investment area. Manager, Fiona Glass, adds " we are now in the position of looking ahead to the new fiscal knowing that a strong foundation is in place for the Society."
The Nechako-Kitamaat Development Fund Society provides grants to legal organizations for projects which improve the basic facilities, equipment, services or installations needed for growth, jobs, community stability and quality of life; or for projects which improve capacity to generate economic development. Funding for the grant programs is taken from the Northern Development Fund, the administration of which is overseen by the Ministry of Energy & Mines. The Fund was created as a result of the BC-Alcan 1997 Agreement.
For more information the Society can be reached, toll free, at 1 877 478 3863
Contact: Fiona Glass, Manager
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.
Nechako-Kitamaat Development Fund Society
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