REAL board of directors submit resignations following city council vote
CTV
In a close 6 - 5 vote, Regina's city council voted to remove the Regina Exhibition Association Limited (REAL) board of directors.
In a close 6 - 5 vote, Regina’s city council voted to remove the Regina Exhibition Association Limited (REAL) board of directors.
“It is the 11 of us who are accountable to the public,” said Ward 3 coun. Andrew Stevens.
Stevens brought forward the motion following a nearly one-hour private session for “legal advice,” according to the councillor.
“I cannot go ahead with [REAL’s] current structure,” he added.
Councillor Stevens, Bresciani, LeBlanc, Nelson, Stadnichuk and Zachidniak voted in favor of the motion – while councillors Hawkins, Findura, Mancinelli, Mohl and Mayor Sandra Masters voted against.
Those who voted in favour cited a distrust of the organization following a financial review by accounting firm MNP which found REAL's current financial situation was unsustainable.
Adding the organization was over $17 million in debt.
