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Vol. 10, No. 37, Tuesday, July 14, 2015
SOD TURNING CEREMONY PHOTO BY MICHELLE PINON
Members of Bruderheim town council held a sod turning ceremony on the site of the new main street commercial-retail project on Friday , July 10. Pictured from left to right are: Coun. Patricia Lee, Realtor Tim Henningar, Coun. George Campbell, Mayor Karl Hauch, Castle Rock Contracting Ltd. Project Manager Gary Bagnell, Coun. Wayne Olechkow, and Coun. Shelley Ross. Construction on the mutimillion dollar project began earlier in the week, and is expected to take six months.
Lakeland REA alleges ‘hostile takeover’ by ATCO Electric Michelle Pinon Editor
‘ATCO Attempting Hostile Takeover Of Lakeland REA’ That was the headline on the fr ont page of the Lakeland Rural Electrification Association’s (REA) July 2015 newsletter. The article went on to state, “While in ongoing negotiations for a new wire owner agr eement with Lakeland REA, ATCO served the boar d of directors with an
unsolicited purchase offer. Then befor e the board could r espond or evaluate the offer, ATCO proceeded to blitz our membership with misleading information.” In response, the Lakeland REA put half page advertisements in several local newspapers, including The Lamont Leader, to advise members in the region of a series of information sessions it would be hosting between July 7 and July 15. The July 7 information
session at the Mundar e Senior Citizens Centr e saw about 80 members filter through the facility where REA representatives and board members circulated the July 2015 newsletter, June 15 letter from ATCO Electric confirming its pr oposal to purchase Lakeland REA’s electric distribution system in the amount of $30 million, as well as a message fr om the board of dir ectors stating its opposition of the proposal. Bernie Klammer,
President and Director at Large of the Lakeland REA, told The Lamont Leader during the information session in Mundare, that he was personally served with written notification of the purchase offer at his Vegreville area farm. Klammer said he wanted ATCO representatives to sign a non-disclosur e agreement, before he would accept the letter . The representatives said they did not have the authority to do so, and later that day Klammer
said he r eceived a letter from ATCO via fax of the purchase offer. Klammer said he would have 14 days to disburse the pur chase offer to REA members. Before he could disburse the purchase offer, Klammer stated, “ATCO started blitzing our members.” Klammer maintains that he was not given sufficient time to notify members, and feels ATCO contravened its code of conduct. Klammer reiterated,
“Their is no intent to sell on the part of the board.” He also stated that it would be rather dif ficult to negotiate a new wir e owner agreement with ATCO given the r ecent actions of ATCO. Both ATCO and the Lakeland REA have until Dec. 31, 2015 to negotiate a new wire owner agreement. As far as r eaction and feedback from Lakeland REA members, Klammer said it has been positive. Continued on Page 5