Update on hydro power projects
Lucas de Haro, CEO of Sorgent.e Hydro Canada Corporation provided a presentation on the proposed Serpentine and Clemina hydro power projects. Both projects are run-of-the river hydro-generation dams that are being proposed for construction in Electoral Area B (Thompson Headwaters). Should the projects come to fruition, they are expected to bring the equivalent of nearly 400 full-time jobs and approximately $2 million in direct and indirect economic development to the area.
Bunkhouse connect to Blue River community water system
Blue River community water system service area amendment bylaw no. 2487, 2014 was adopted by the board. The bylaw allows for the extension of water service from the Blue River community water system to a bunk house that CN is currently constructing, which is located adjacent to the existing water system area.
Change to gas-tax funding formula
Starting in 2015, five per cent of the Federal Gas Tax – Community Works Fund proceeds received by the TNRD will be set aside for a global pooled fund available to all electoral areas. The remaining 95 per cent will continue to be allocated to each electoral area using the current methodology.
Upgrades for Blue River water system
A transfer of $70,000 from Electoral Area L to Electoral Area B in Gas Tax funds will cover the additional project costs for the Blue River Community Water System upgrade project.