Sunday, June 20, 2010
Dubbed this term as a "Successful Term"
I have dubbed this term as a "Successful term." We have been very fortunate to receive a lot of stimulas dollars from the Federal and Provincal Governments. The town applies for financial assistance for large projects, typically infastructure projects. If approved it has to be blessed by both Federal and Provincial levels because they each provide 1/3 of the funding and the town has to fund 1/3 as well. The town's share is typically in a reserve fund that has been accumulating over a period of time. A lot of projects this summer will hamper getting around town but the end results will well out weigh the inconviences.