It’s being referenced as a historic settlement.
An $80 million compensation package to the Municipality of Central Elgin for the hundreds of acres of land absorbed by St. Thomas for its new industrial park that is to be the home of the PowerCo EV battery plant.
The land was obtained by the city under provisions in Bill 63, St. Thomas – Central Elgin Boundary Adjustment Act, 2023.
The $80 million is made up of $15 million in monetary compensation and access to 7,700 cubic metres per day of wastewater treatment capacity at flow rates equal to City of St. Thomas rates.
This is projected to have a value of $75 to $85 million.
The question to ask is how will this impact water rates for Central Elgin residents?
Tag Archives: the Cottage
The good, the bad and the concerns expressed about life in St. Thomas
What do you feel are the two most important opportunities and two most important issues facing the City of St. Thomas?
That was one of several questions posed to participants of three town hall meetings held in September and October of this year to garner input on the refresh process of the city’s strategic plan.
Climb Consulting has been retained by the city to undertake this plan update.
The meetings attracted those who live, work and access services in St. Thomas.
The information is contained in a report before council for Monday’s (Nov. 6) meeting.
Looking at the city’s strengths, participants lauded the strong sense of community and pride in St. Thomas.
Ian's City Scope 