Economic Development Funding Support Programs
Columbia Shuswap Regional District (CSRD) Economic Opportunity Fund (EOF)
The EOF was created by the CSRD as a means of compensating for the loss of economic opportunities on those lands affected by the dams and reservoirs and the resultant economic impacts within Rural Area B and the City of Revelstoke. The annual funding allotment for Rural Area B and the City of Revelstoke is funded from a Grant in lieu of taxes from B.C. Hydro in the amount of $99,303.

The EOF is to provide funding assistance for projects deemed by the City of Revelstoke and the Regional Director for Area B, and ratified by the corporate Board of the Columbia Shuswap Regional District (CSRD), to be worthy of support in an effort to stimulate economic development within the City and rural areas. 

Criteria for accessing the EOF will be based on the demonstrable and enduring benefit to the economy of the affected communities at large. The EOF is designed to stimulate economic generators, transportation facilities and infrastructure development supportable jointly by the City of Revelstoke and Rural Area B Director, and approved by the CSRD Board. The EOF shall not be used as grant-in-aid funding.

Applications for funding assistance from the EOF are to be submitted jointly to CSRD Area "B" Director and the Mayor of the City Of Revelstoke. 
 

 Projects Funded 2002 - 2004
PROJECT PROPONENT APPROVED
FUNDING
2004 Projects:
Mt. Mackenzie Resort Development Plan Review City of Revelstoke $80,000
Visitor Information Centre renovations Chamber of Commerce $30,000
Tourism Coordinator Chamber of Commerce $15,000
Concept Plans for renovating the Community Centre City of Revelstoke $20,000
2004 Total

$145,000

 
2003 Projects:
Heritage Garden Project Revelstoke Museum & Archives

$2,500

Operational support Revelstoke Snowmobile Society $20,000
Timber Days Forest Workers Group $2,000
Community Marketing City of Revelstoke $20,000
Enterprise Facilitation CFDC of Revelstoke $8,500
Sproat Mountain Lookout Project BC Interior Forestry Museum $20,000
Blues Festival Revelstoke Blues Society $2,000
Tourism Coordinator Revelstoke Chamber of Commerce $15,000
Broadband Development Columbia Mountain Open Network $28,000
2003 Total $118,000
 
2002 Projects:
Trout Lake Dock Replacement Trout Lake Community Club $67,000
Blues Festival Revelstoke Blues Society $2,000
Export Market Development City of Revelstoke $7,500
Snowmobile Tourism Strategy City of Revelstoke $2,316
Enterprise Facilitation CFDC of Revelstoke $6,000
Forestry Museum Operations BC Interior Forestry Museum $40,000
Tourism Coordinator Revelstoke Chamber of Commerce $16,000
Revelstoke Research Centre Feasibility Study City of Revelstoke $5,000
Housing Resource Support Community Connections $5,000
Visual Arts Centre Signage Revelstoke Art Group $3,500
Trade Show Display Booth Revelstoke Chamber of Commerce $3,000
English Language School Promotion Community Career Centre Society $5,000
2002 Total

$162,316


The City of Revelstoke
Box 170 - 216 Mackenzie Avenue
Revelstoke BC Canada V0E 2S0
Phone: (250) 837-2161  Fax: (250) 837-4930

 
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