This long awaited solution to fly ash and other emissions from Downie Timber's burner continues to move ahead albeit somewhat slower than Downie and the City would like. Putting the Project together is complex with many conditions [too numerous to mention] to be met with various agencies.

The Memorandum of Understanding between the City and Downie has been signed off. The many attendant agreements relative to fuel supply, energy service, property transfer, terms of the Joint Venture, and Downie's operating services now have to be put in place.

The Project engineering consultant - FVB Energy - was instructed in August to proceed with the engineering design and preparation of tender documents for the supply of major equipment. By mid November we should be reasonably sure of financing for the Project and be in a position to give a full green light- GO!

The plant site is currently undergoing environmental screening and geotechnical assessment. Assuming that no problems are identified, preliminary site preparation will take place this fall and actual building construction will begin in the spring.

The City's role in the Joint Venture will be through the newly incorporated, wholly owned Revelstoke Community Energy Corporation.

Geoff Battersby