Peachland will use three gold bars to help buy a new municipal vehicle.
The bars, each weighing one ounce, were handed over to the municipality by the RCMP in April 2018.
Along with a small amount of cash, the bars were considered to be “found and police recovered goods.” As per town policies and the Community Charter, the property was advertised by the town but remained unclaimed.
If the property had been worth less than $5,000, practice could have seen the items sold and the proceeds given to a Peachland charity.
But since the value was considered to be $5,465, a town council resolution on what to do with the proceeds of the sale was required.
Last week, council agreed to put the money toward the eventual purchase of a new hybrid vehicle to be used by the town’s community policing department. The vehicle is currently estimated to cost $32,000.
“I’m glad somebody found those bars,” quipped Coun. Mike Kent.
“It’s too late now to get your gold bars back,” added Mayor Cindy Fortin.