Use reserve funds for pool upgrades!
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The City of Thompson is looking to repair the Norplex pool and are planning to borrow the funds from a financial institution over 10 years at an interest rate of 7%. The total cost of borrowing over that time will be $133,722.60.
Currently there is over $9 million dollars in the reserve accounts that can be used for this very needed upgrade. Let's keep Thompson's financials healthy by lowering the cost of borrowing to $0 on this project.
The mayor and councillors are your employees it's time to start letting them know what you want, and now is the time to do it because they will be looking to be re-elected next year. What we spent today impacts the future, lets make sure it's a future we all want to be part of.
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