Intention to Borrow Funds - Section 6.20 of the Local Government Act 1995

Published on Thursday, 18 December 2025 at 9:18:09 AM

Notice is hereby given in accordance with section 6.20 of the Local Government Act 1995 that the City of Busselton proposes to borrow funds in the current financial year as outlined below.

Details of Proposed Borrowing

  • Purpose of borrowing: Finalisation of Saltwater Construction Project
  • Amount to be borrowed: $3,500,000
  • Lender: WA Treasury Corporation
  • Term of loan: 10 years

Dated this ninth day of December 2025.

Dr Garry Hunt PSM, Chief Executive Officer (Temporary)

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