Provincial government provides cash for rail corridor

Victoria's $7.2 million contingent on Lake Country borrowing referendum

The provincial government pledged $7.2 million toward the acquisition of the discontinued CN rail line between Coldstream and Kelowna Tuesday.

“There are few places in the world that have more to offer outdoor  enthusiasts than the Okanagan,” said Premier Christy Clark.

“By putting an unused rail line to better use, connecting communities as a cycling and walking  trail, there will be even more reasons to get outside.”

The Regional District of North Okanagan, Lake Country and Kelowna are working together to acquire the $22-million property from CN.

The provincial funding commitment is contingent on the positive outcome of the April 25 referendum in Lake Country to borrow funds for the land purchase.

If approved, the acquisition of the rail line from CN will be completed June 1.

Look for more in Wednesday’s Morning Star.

 

Vernon Morning Star