Do you have questions about the Edgewater Street Project? These are some common ones we’ve heard:
Question – What are the benefits of investing so much? Answer – The benefits are many: Expansion of the Living Shoreline will help the town fight coastal erosion. The raised coastal trail along Edgewater to the head of the harbour has several benefits including improved public safety, increased active transportation opportunities, and protection from storm surge. The extension of services means elimination of existing straight pipes, opportunity for growth in our community and bringing (almost) all Mahone Bay residents onto the Town grid. Question - This seems like a large investment, can you explain how the financials work? Answer – The total cost of the construction is $13.2 million; $6.6 million in grants from Provincial and Federal Sources has already been announced, with additional contributions up to 3.6 million yet to be announced. The difference between the total construction cost and the external funding will be the Town's responsibility which, like all capital, will be paid from our own sources or borrowed from the Municipal Finance Corporation. If you have more questions, or want to learn more about the project, stop in and chat with us at our Edgewater Street Project Open House on Thursday, March 6th, from 6:30-8:30 at the Mahone Bay Legion, 21 Pond Street. Comments are closed.
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