Council Approves Pre-Development Agreement with TC Energy
The three-year agreement includes $3.24 million in discretionary municipal funding and scholarships as the project moves through federal review.
4 Articles
4 Articles
Council Approves Pre-Development Agreement with TC Energy
Meaford council has given initial approval to a three-year pre-development agreement with pumped storage proponent TC Energy, that could provide up to $3.24 million of discretionary funding over three years for the municipality. “First and foremost, this Pre-Development Agreement is not a replacement nor an alternative to a Community Benefit Agreement that is required through […]
Meaford strikes pre-development deal with TC Energy
Council for the Municipality of Meaford has approved a pre-development agreement with TC Energy to continue exploring the proposed pumped storage project.The agreement, worth up to $4.5 million, will be in place for three to four years, bringing it in line with the Impact Assessment Agency of Canada (IAAC) review process. The controversial pumped storage remains subject to regulatory review and approval processes."Council’s direction to move for…
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