Sher­brooke to pay cash for some projects

Stanstead Journal - - FORUM - Sher­brooke

Among the City of Sher­brooke’s list of ma­jor projects for 2016, it will pay cash for about a dozen of those projects in the amount of $4.3 mil­lion. An en­ve­lope of $3.2 mil­lion will be used ex­clu­sively for the main­te­nance of the roads net­work and the re-paving of sur­faces. “This ap­proach will al­low us to in­vest in our roads net­work with­out in­creas­ing the debt load of the City of Sher­brooke while re­spect­ing our poli­cies to­wards the man­age­ment of the city’s debt,” said mayor Bernard Se­vi­gny.

Other projects that will be paid for with cash are: im­prove­ments to in­dus­trial land ($300,000);de­con­struc­tion of build­ings in the in­dus­trial park and in Len­noxville ($150,000); buy­ing of land ($100,000); a waste man­age­ment plan ($76,000); the down­town 2020 plan and a study on in­stalling steps be­tween the Halte des Pi­o­nniers and the Saint Michel Cathe­dral ($75,000).

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