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January 22, 2015 | 52 pages

InsideOttawaValley.com

Family fun at Frewfest this weekend ottawa COMMUNITY

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ottawa COMMUNITY

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Lucy Hass

The Renfrew Firefighters will host their popular ice fishing derby on the Bonnechere River Saturday. INSIDE INSIDE Saturday afternoon there will be News - Get ready to make fun of winter as Frewfest 2015 runs Friday hockey, ringette, a vintage snow mato Sunday, featuring everything from chine show, petting zoo and sleigh rides in the park. ice fishing to fireworks. Renfrew and Area Seniors Home The celebration kicks off Friday night as Arleigh Prince and Alyssa Support will wrap up the day with a Droppo host a youth dance at the fundraising dinner of hot dogs and REGIONActivity Centre to raiseREGION chili to warm up the crowds before Ma-Te-Way money for the Renfrew and District a bonfire, sliding party, family snowshoe and fireworks. Food Bank. lucy.hass@metroland.com

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Sunday at Ma-Te-Way Park carnival-goers can enjoy a magician and afternoon skate sponsored by the Renfrew Lions Club. The weekend festivities close with the Renfrew Junior B Timberwolves hockey club hosting the Almonte Thunder. Each adult admission includes a free child admission to the game. For more information about Frewfest activities, see ad on page 4 and visit www.town.renfrew.on.ca

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Thomas Low hydro project faces major cost overrun Peter Clark

peter.clark@metroland.com

News - The cost for Renfrew Power Generation’s Thomas Low Generation Station project is going beyond the original estimate of $22.3 million. Town of Renfrew treasurer Keray O’Reilly addressed council Jan. 12 on the status of the project. He pointed out that in August 2014, consultants for RPG advised town staff that costs to complete the project would exceed the initial amount by $3.8 million, bringing the total projected cost to $26.1 million. Back in November 2012, Renfrew

council passed a bylaw to authorize the mayor and clerk to execute a financing and loan guarantee agreement with a Canadian chartered bank (Toronto Dominion) and Renfrew Power Generation. In early December 2014, following discussions between RPG and TD Bank, it was confirmed that the bank would lend an additional $2.4 million, but not the full $3.8 million. Theoretically, this could put the town on the hook for $1.4 million, it was noted. O’Reilly explained that the town’s obligation with respect to the loan guarantee kicks in only if RPG defaults on its loan payments.

Such could occur in the event of lower than normal water levels for a prolonged period of time, which would impact the generation of electricity. “Just to confirm, as there was some confusion in the past, the Town of Renfrew has not, to this point in time, loaned any money to Renfrew Power Generation since the start of construction of the Thomas Low Generating Station project,” O’Reilly told council. Treasurer O’Reilly added that, at a shareholders meeting Jan. 6, RPG said the additional $3.8 million would be the cap on the costs to complete the project.

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Up, up and away People may have noticed the big Remax balloon hovering over Renfrew Jan. 14. Murray Short, left, and Tom Cobus are sky-bound after departing from the Renfrew Fairgrounds around 10 a.m. on a crisp Jan. 14 winter day.

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