Municipal Finance Authority
CRD Board appoints 2 Directors as representatives, and 2 Directors as Alternates for a 1 year term.
The Members of the Authority are elected officials appointed by the 28 regional boards in BC. The number of MFA Members (currently 39) is based on the population of the regional districts. The Members meet twice a year, once at the Annual General Meeting (AGM) held before March 31st each year, and again in the fall, in conjunction with the Annual Union of BC Municipalities Convention. At these meetings, the Members review requests for financing and authorize the issue and sale of securities.