Taxpayers getting soaked

Taking money from one source and then paying it back from another sounds like a ponsi scheme

Regarding the water deal with the RDOS. If I understand, the City of Penticton will supply treated water to the West Bench for an up-front payment of $3.6 million funded from grants by the B.C. government (taxpayers) and then will be charged 22 cents per cubic metre. The cost of this water to Penticton taxpayers is 39 cents per cubic metre.

You can rest assured the up-front payment will go towards another hair-brained scheme such as the Hilton hockey players motel on Eckhardt. The taxpayers of Penticton will then ante up the additional 17 cents per cubic metre of water sent to the West Bench for the next 25 years.

Taking money from one source and then paying it back from another sounds like a ponsi scheme to me.

We may be part of an aging population but we are not all senile.

T. Howson

 

Penticton