NLIS 1
February 25, 2005
(Municipal and Provincial Affairs)
 

$4.0 million offered to Torbay under Multi-Year Capital Works Agreement

Jack Byrne, Minister of Municipal and Provincial Affairs and MHA for the District of Cape St. Francis, announced today that $4.0 million has been offered to the Town of Torbay under the Multi-Year Capital Works Agreement.

"The provincial government believes that municipal infrastructure is incredibly important to our municipalities," said Minister Byrne. "Through programs such as the Multi-Year Capital Works Agreement, we are able to provide much-needed funding to larger municipalities for their capital works needs. This announcement today is great news to the residents of Torbay."

"The Town of Torbay will be using the majority of this funding for water and sewer projects, as well as for other improvements," said Robert Codner, Mayor of Torbay. "We strongly feel that having reliable water and sewer systems is very important for residents of Torbay. I am pleased that we have been able to negotiate another beneficial agreement."

The provincial government has committed $85 million under the 2005-08 Multi-Year Capital Works Program. This program is cost-shared on a 50/50 basis between the provincial government and larger municipalities.

In total, combined with the Municipal Capital Works Program and the Canada-Newfoundland Infrastructure Program, governments have committed $140 million for municipal infrastructure. It is estimated that these programs will create approximately 90,000 person weeks of employment throughout the province.

Media contact:
  Vanessa Colman-Sadd, Communications, Municipal and Provincial Affairs, (709) 729-1983, 682-6593
  Robert Codner, Mayor, Town of Torbay, (709) 437-6532

2005 02 25                  10:10 a.m.


SearchHomeBack to GovernmentContact Us


All material copyright the Government of Newfoundland and Labrador. No unauthorized copying or redeployment permitted. The Government assumes no responsibility for the accuracy of any material deployed on an unauthorized server.
Disclaimer/Copyright/Privacy Statement