NLIS 5
February 22, 2005
(Municipal and Provincial Affairs)
 

Approximately $2.3 million offered to Labrador City under Multi-Year Capital Works Agreement

Jack Byrne, Minister of Municipal and Provincial Affairs, announced today that approximately $2.3 million has been offered to the Town of Labrador City under the Multi-Year Capital Works Agreement.

"Municipal infrastructure is the foundation for our cities and towns," said Minister Byrne. "Solid infrastructure through programs such as the Multi-Year Capital Works Program is a key aspect to economic development. I am very pleased that we have once again entered into this arrangement with Labrador City."

"The bulk of this funding has been identified for much-needed road reconstruction," said Graham Letto, Mayor of Labrador City. "We have also targeted some funding for work on our chlorination system. All of this work is extremely important for the residents of Labrador City and we are pleased that these projects will be carried out in the very near future."

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.

Media contact:
Vanessa Colman-Sadd, Communications, Municipal and Provincial Affairs, (709) 729-1983, 682-6593
Graham Letto, Mayor, Town of Labrador City, (709) 944-2621

2005 02 22                   1:15 p.m.


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