Cochrane town council moved to approve the 2023 to 2025 budget earlier this week, despite two council members voting against the process for the operating budget.

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To the relief of residents and visitors, the redevelopment of the Ramada Cochrane,10 West Side Dr., is now underway.

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Satisfied with the clarification provided on the source of funding, town council voted 4 to 2 in favour of spending an additional $250,000 to add the word Cochrane with a bit of flair to the 4th Ave. retaining wall that is currently under construction.

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Road construction activity on Highway 1A in Cochrane came mostly to a close as the snow flew recently, marking the end of the 2022 construction season.

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Budget adjustments and the use of some funds from last year’s surplus are expected to reduce the property tax increase to approximately 3.7 per cent net of growth from the 7.55 proposed in the draft budget.

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Several major projects made fundamental steps forward this year but work at Highway 1A and Centre Ave. will continue into 2023.

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A third-quarter financial report presented to town council at last night’s committee-of-the-whole meeting projects a $2,765,000 surplus for 2022.

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With magnificent curb appeal and a practical multi-purpose floor plan, The Station at Cochrane Crossing, 360 Railway St., is set to play a significant role as a central hub for Cochrane.

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Council approved changes to the business license bylaw to include short term rental accommodations.

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