Peel Plaza Development Moves Ahead

(Peel Plaza Development)

(File Photo)

The province is officially on board with Peel Plaza. Common Council has approved a memorandum of understanding with the province that details cost sharing associated with Peel Plaza.
The provincial contribution is nearly 10 million dollars, and Mayor Ivan Court says this is the time to proceed with interest rates low. Councillor Chris Titus says the beauty of the MOU is that the city can opt out of it but the province can't. The project is expected to be completed by May 2012 with shovels going into the ground this spring.