Yellowknife’s (NT) Northlands Trailer Park (condo) owners to start paying back sewer loan

The final phase of the water and sewer saga at Yellowknife’s Northlands Trailer Park is about to begin as residents start paying back the city the cost of repairs Feb. 1.  The owners of the 258 properties in Yellowknife Condo Corporation No. 8 will pay the city $283.27 a month through a local improvement charge (LIC) to pay back the $15.7 million the city borrowed to replace the trailer park’s crumbling water and sewer system, plus 3.3 per cent interest.     Read the article………….