Cash flows for water plant

Photo: Contributed

Peachland is closer to having a water treatment plant.

Senior levels of government came to the plate Tuesday, announcing a combined $6.96 million to help fund construction of a new water treatment for the municipality.

The province and the feds will each kick in $3.48 million. Peachland will be responsible for the balance of the $18.8 million project.

About $7.6 million will come from reserves, while the municipality will borrow the remaining $4.3 million.

The long-term borrowing will require assent from the electorate, either through an Alternative Approval Process or referendum.

The plant will provide year round, safe, clean, filtered drinking water.

More than a decade ago, Peachland identified the need for several water infrastructure improvements, including a water treatment plant.

"We are very grateful for the funding participation of the senior governments in this much needed project," said Mayor Cindy Fortin.

"Water quality has been identified as this council's top priority, and this funding will help us achieve our goal.

Design, construction and completion of the project is expected to take about two years.