Project to Contribute $0.5M To Hope Community Park
The District of Hope and the Trans Mountain Expansion Project have entered into a Memorandum of Understanding for a Community Benefit Agreement that will see a $500,000 contribution towards improvements to a community park in Hope. Trans Mountain has been pursuing Community Benefit Agreements with those along the pipeline corridor to provide direct benefits to communities if the proposed expansion Project is approved and constructed. This contribution by Trans Mountain will be used towards upgrades at the Hope Community Recreation Park and is the first Community Benefit Agreement signed along the proposed pipeline corridor.
Kinder Morgan values the relationships it has with the communities along its existing pipeline system and the proposed pipeline Project; these span more than 60 years of history. The agreement was signed as part of an overall effort underway by Kinder Morgan Canada to work with pipeline-affected communities to identify local opportunities to give something back in recognition of the public inconveniences and temporary disruption created by construction. Additional agreements with municipalities and communities along the pipeline corridor are expected over the coming months as Project planning continues.
“If the proposed Trans Mountain Expansion Project is approved and constructed, it will have a direct impact upon our community,” said Susan Johnston, Mayor of the District of Hope. “These impacts will include jobs and increased municipal taxes, but also increased activity within our community during construction and activation of the pipeline. This community benefits investment, which will be used towards upgrades at the Hope Community Recreational Park, is in recognition of those impacts and provides a meaningful contribution to our community.”
“Providing local direct benefits to communities where we operate our pipeline is critically important,” said Ian Anderson, President of Kinder Morgan Canada. “Last year we paid $680,000 in municipal taxes to the District of Hope and, post construction, our annual tax payments will be over $1.2 million annually. With this agreement we are looking to add to the investment we are making to the community of Hope and ultimately provide a legacy to the people who live and work here.”
