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CBRM council approves land purchases for water utility
SYDNEY, N.S. — Cape Breton Regional Municipal councillors have approved two land purchases by its water utility.
SaltWire Network · Other | Posted: June 20, 2017, midnight | Updated: Oct. 2, 2017, 11:48 a.m. | 1 Min Read
Council approved the purchases at its regular monthly meeting this week.
The utility intends to buy three parcels totaling 146 acres in the MacAskills Reservoir source water protection area. The parcels were assessed by an independent appraiser. The total cost of the three properties is $108, 375.
The second purchase involves 16 acres in the Middle Lake wellfield water source protection area currently owned by Membertou Development Corp. At a cost of $860 an acre, which was determined by an independent appraisal, that sale totals $13,760.
The water utility maintains a land acquisition fund to purchase water supply areas when they become available.