Peterborough city council deciding on what to do with money from sale of PDI
Peterborough Distribution Inc. will be officially sold to Hydro One next year.
And with that sale looming, Peterborough city council is now trying to decide what to do with the expected net of $50 million to $55 million.
That was a big part of Tuesday night’s general committee meeting which also included approval to rezone land in East City for a new multi-unit residential complex.
Tricia Mason with the details.