Well Upgrade Lending Program

 

In response to drought conditions experienced in our area in the fall of 2016, the Province amended the MGA to allow municipalities the power to lend money for new wells and cisterns.

In January 2017, Council approved the Well Supply Upgrade Lending Program By-Law and Staff began accepting and processing applications from residents who wanted to upgrade their water supply. In total, the Municipality has provided loans to 5 households. The total value of the accepted financing was $30,750. Due to the uncertainty of the fiscal requirements and a solid understanding of interest from residents, Council decided to trial the program until the fall of 2017.

Unfortunately, we are once again experiencing drought conditions in our area which has forced EMO to reinstate its assistance to our residents and has prompted Council to relaunch the Well Supply Upgrade Program. Below is information regarding the program. If you have any questions, please do not hesitate to contact us at (902) 648-2311.

 

 


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