Linked Header

Monday, November 26, 2012

Pension Task Force To Report Tonight

We should find out tonight what changes will be needed to fix the city's financially strapped pension plan as Common Council will be hearing the the pension task force on what changes have to be made to stop the financial bleeding with the city's pension plan. 

The next phase of true growth will also come up for approval complete with presentations from Enterprise Saint John and Waterfront Development. Deputy Mayor Shelly Rinehart wants to get a new comprehensive economic development plan started sooner rather than later. 

Enterprise Saint John and Waterfront Development are also scheduled to give presentations. 

Also on the agenda is the water budget.........Councillors have already been given the recommendation water rates go up next year by 7.4 per cent.