Friday, June 22, 2012

Good News from Aqua 7

Last night's Aqua 7 Regional Water Services Commission meeting was full of good news!
  • The price of Aqua 7 water to communities will drop on August 1, 2012 to $2.67 per cubic meter.  Each community will still have to charge something to pump the water around their municipality, but I'm hoping everyone will see a price-per-cubic meter drop on their water bills later this summer!
  • The Town of Drumheller has reversed their earlier decision (which I blogged about here)and have now agreed to adjust the boundaries of the Commission to cover the north-eastern part of Rocky View County.  This means Rocky View County now has a chance to sell some of the water they've beeen paying for!  Wow! This is fantastic news!  Thank you to Mayor Yemen and Drumheller town council!
  • The line repair we went through last month turned out to be far less serious and less expensive than predicted.  We did purchase a new valve but it wasn't needed so we'll keep it in storage.   
  • The refinancing of our debt over a longer period of time has reduced our yearly payments by about $300,000 a year!
It was so refreshing to attend an Aqua 7 meeting and hear all that good news! More details will come out later but I had to tell you that things are looking up for the Regional Water Service!

Have a good weekend!

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