The Town of Nanton has given first reading to Loan Bylaw No. 1413/25 at the October 6, 2025 Regular Council Meeting.
This proposed bylaw authorizes the Town to loan up to $475,000 to the Nanton School Enhancement Committee to cover any shortfall in fundraising for enhancements to the learning commons of the proposed new A.B. Daley Elementary School. The loan, if required, would be funded from the Town’s capital reserves.
Council will consider second and third readings of the proposed bylaw at the Regular Council Meeting on November 17, 2025.
As per Sections 265(3), 606, and 231 of the Municipal Government Act (RSA 2000, c. M-26), electors may petition for a vote on this bylaw within 15 days after the last day of advertising.
Read the full Public Notice: Click here to view the Public Notice
View Loan Bylaw No. 1413/25 (1st Reading): Click here to view the Bylaw
For more information, please contact:
Clayton Gillespie, Corporate Services Manager
finance@nanton.ca | 403-646-2029
