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REGINA Several new items were approved at City Council’s final meeting of 2020 on Wednesday. Council approved increasing Regina Exhibition Association Limited’s debt limit by $8 million to $21 million. A proposal from REAL said it was struggling to make money due to a lack of events this year. Council also approved providing $700,000 a year to REAL starting in 2021 to help pay debts. A McDonald’s planned to be built on the Evraz Place campus was given a 40 year lease by council. A long discussion surrounding the process lead to council asking administration to develop a report looking at creating an open and transparent procurement process with REAL, for choosing businesses on the Evraz Place campus and how local businesses apply.
A lengthy executive committee meeting on Wednesday covered a variety of topics, including property tax exemptions for child care centres and non-profit organizations and a $700,000 grant for REAL.