Steinbach city council has given third reading to two borrowing bylaws, approving debt for the Southeast Event Centre (SEC) and for upgrades to the Loewen Boulevard and Highway 12 intersection.
The first bylaw authorizes borrowing to complete construction of the SEC. The Municipal Board has approved the debenture, allowing council to proceed with final approval. The loan will be repaid over five years at an interest rate of 3.83 per cent.































































