Second Hydro One public information session June 1

For immediate release (May 25, 2016) – Members of the public are invited to attend a second public information session about the City of Orillia’s investment opportunity with Hydro One on Wednesday, June 1, 2016, from 7 – 8:30 p.m. at the Orillia City Centre.

Join Mayor Steve Clarke, City staff, Orillia Power Corporation and Hydro One representatives to discuss what this opportunity could mean for the Orillia community. Please note, for those who attended the first public information session in January there is limited new information pertaining to a potential deal available at this time.

What: Second public information session re: Hydro One investment opportunity

When: Wednesday, June 1, 2016
7 – 8:30 p.m.

Where:Orillia City Centre
Council Chamber
50 Andrew St. S.
Orillia, Ont.

In September, Mayor Steve Clarke announced the City was entering into negotiations with Hydro One on a potential Advanced Technology Hub being constructed on a large portion of the Horne Business Park in West Orillia. As part of the discussions, Hydro One is negotiating the purchase of the Orillia Power Distribution Corporation (OPDC), a subsidiary of the Orillia Power Corporation (OPC); the generation side of Orillia Power is not part of the negotiations.

Since the announcement, members of the City’s Hydro One transition team and City Council have been negotiating a potential deal with Hydro One that could result in $200-300 million in near-term economic impact from the construction of the technology hub, and a significant number of highly-skilled jobs coming to Orillia.

The second public information session is an opportunity for Orillia residents to discuss topics such as hydro rates, billing, customer service, Council’s negotiating principles, and potential economic benefits. As the negotiations are ongoing between the City and Hydro One, some information is still unavailable at this time due to its confidential nature.

For more information on the second public information session contact Jennifer Ruff at 705-325-8929 or visit orillia.ca/techhub.

The City of Orillia is a city of 31,000 people in the heart of Ontario’s Lake Country on the shores of Lake Couchiching and Lake Simcoe. Visit our website at orillia.ca.

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Mayor Steve Clarke
City of Orillia
705-325-3662
mayor@orillia.ca

Jennifer Ruff
Manager of Communications
705-325-8929
705-238-9209(cell)
jruff@orillia.ca