The intention of the two by-laws is to better track City assets and maintain them to avoid catastrophic failure.
Ryan Slade, Asset Management Coordinator for the City, said the Corporate Asset Management By-Law and the True-Stewardship and Resilience By-Law will help the city manage its assets and follow strict maintenance schedules.
He has more here about the City’s purchasing decisions going forward.
These by-laws have been a long-time goal of Mayor and Council.
Learn more about them on Thompson Today at 12:40 and 5:10 this afternoon.
