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08/16/2016

$10 million benefits northern Rockies region

The Northern Rockies Regional Municipality (NRRM) received $10 million from the B.C. government to implement works related to the second year of the 20-year Infrastructure Development Contribution Agreement, Community, Sport and Cultural Development Minister Peter Fassbender said today.

 

The funding benefits British Columbia's northernmost region by providing efficient, modern infrastructure to develop the region as a comprehensive service centre that attracts industrial activity and economic development. Projects supported in the 2016 NRRM agreement through the infrastructure funding include airport and sewer system upgrades, water and recreation projects, and roads and drainage works, as well as the purchase of Crown land for residential development.

 

Quotes:

 

Community, Sport and Cultural Development Minister Peter Fassbender -

 

"The B.C. government's commitment to a multi-year agreement with the Northern Rockies Regional Municipality will continue to help a region that hosts industrial activities important to the entire provincial economy, including oil and gas development. Funding provided by the greement will enable local communities and businesses to take full advantage of the economic benefits realized through natural resource industries."

 

Northern Rockies Regional Municipality Mayor Bill Streeper - 

 

"With this invaluable support from the Province of British Columbia, the Northern Rockies Regional Municipality has formulated a sustainable long-term strategy to develop and retain infrastructure that is critical to developing the NRRM as a primary service centre. Further, this important agreement moves the region forward to be able to provide a better lifestyle and standard of living for our residents." 

 

Quick Facts:

 

* The Northern Rockies Infrastructure Development Contribution Agreement is a landmark agreement between the B.C. government and the Northern Rockies Regional Municipality.

 

* The agreement sets the stage for funding future infrastructure needs to assist the region in becoming an industrial service centre.

 

* NRRM owns and operates community infrastructure valued at nearly $200 million, including: water, wastewater and storm water systems, buildings and facilities, vehicles and equipment, roads and the Northern Rockies Regional Airport.



    Editor:Albert | Source: Ministry of Community, Sport and Cultural Development


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