A cash-strapped city council is looking at the possibilities of requesting a loan from Republic Bank (Guyana) Limited to fund capital projects in the city.
The projects outlined for the funding would be the purchase of two new Pak-Motor Garbage Trucks, the construction of a four-storey shopping mall at Bourda Green and an extension of the northern section of the Stabroek Market to accommodate vendors selling on the pavement.
The amount of the loan was not disclosed during the continuation of the October 9th statutory meeting on Monday.
At the Finance Committee meeting on October 6, Councillor Junior Garrett