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Town Council Balks at 12 Percent Interest for Hydro Street Work
The Pas council debated a by law funding street installation in a new subdivision with Manitoba Hydro at 12 percent annual interest over three years. After objections, the by law passed on first reading but was held in abeyance amid concerns over the rate and winter charges. Councillors Trotter and McBride pressed the issue, and final fire-fighting service agreements with The Pas Reserve were lengthy and costly, with debate over indemnity clauses.
MENTIONED IN THIS ARTICLE
Manitoba Hydro
Trotter
Doug McBride
Ee Sewat
Tetas Ct Teaaek Peat
Crown Corporation
Hydro
Pas
Council
McBride
Her Majesty
Mr. McBride