SAINT JOHN, N.B. – With common council preparing to vote on whether or not to apply for public private partnership funding, for Saint John’s clean safe drinking water project, city hall is holding a P3 teach-in tonight, for both councillors and the public.
Some councillors fear Saint John could not fund the project on its’ own without taking on more debt.
Councillor Greg Norton reassures everyone that the public sector monitors the performance and the penalty regime in a P3 model. “The project is monitored by the public, which is the city of Saint John and its’ citizens. We will be paying for the previsions of the services and as a result we will be monitoring the performance of the project”
Council is expected to vote in April.
Tonight’s teach-in starts at 4:30pm, inside council chamber.