Penticton Herald

Where are SOEC funds?

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Dear Editor: Re: Potential funds available to assist in funding infrastruc­ture deficit reserves

Penticton residents, please contact council and request that they retain the annual casino revenues to assist in funding the infrastruc­ture deficit over the next 20 years.

Mayor and council, could you please inform this writer if the casino revenue is no longer required to fund the SOEC debt repayments?

The council of the day robbed all City reserves to fund the massive constructi­on cost overruns to construct the South Okanagan Events Centre. Now it is time to payback and rebuild reserves and fund the infrastruc­ture deficit with the casino funds each year.

Under no circumstan­ces do I want to see council simply consider the funds to be considered additional disposable revenues to be simply frittered away. The casino funds would augment the required sources of funds to build the required infrastruc­ture deficit reserves.

Can council please confirm that the casino funds have not been reallocate­d as 2017 budgeted income to finance general fund expenditur­es.

In fairness to Penticton taxpayers, could council form a committee of residents to have input into how the casino funds will be allocated in the 2017 budget and in future years?

Time is of the essence for the taxpayers to have meaningful input, please confirm that the casino funds will be transferre­d to a casino fund reserve for 2017 and future years. The committee, council and city staff need to have a year to make the determinat­ion on how to allocate casino funds in future years.

Council’s immediate considerat­ion of the above will be appreciate­d. Ted Wiltse Penticton

However shutting down coal and natural gas electricit­y generation before we have other safe feasible alternativ­es is socially, economical­ly and ecological­ly unwarrante­d. Except for hermit living, reasonably-priced electric power is an essential feature, on a par with food.

The earth's gravitatio­n draws gasses, including CO2 to its enormous land and water masses. Canada includes a huge portion of two oceans, a portion of the Arctic and massive land and fresh water surfaces. All plants, animal and sea life need gases to exist. In short gravitatio­n cleans the air of gases. Just as over the past millions of years, today gravitatio­n must be adequately cleaning the air or a build up of the atmospheri­c pressure would make human life impossible.

The “go green” scary-guilt indoctrina­tion, has resulted in the excess of long-range, highlysubs­idized contracts to supply overpriced solar and wind power; Time has now proved the gung-ho going green ideology is unworkable and ill-fitting with Canada’s world trading position.

Caution: Ideologies can and have killed the well-being of nations. Power priced at the lowest price for all Canadians was an establishe­d humanitari­an fairness feature of Canadianis­m, a civility value that needs to be re-establishe­d. Some are saying, going green will be a great economic driver, to date I am not aware of one specific green consumeris­m product. Large scale solar and wind are not economic drivers. I read Ontario is stopping further solar wind contract installati­ons.

Socrates said reason in all things. Canadians would be wise to adhere to Socrates advice. Bruce Alton McGillis

Penticton

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