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In response to drought conditions experienced in our area in the fall of 2016, the Province amended the MGA to allow municipalities the power to lend money for new wells and cisterns.
We offer a Water Supply Upgrade Lending Program which allows residents to borrow money from the Municipality to construct a new dug or drilled well or upgrade an existing well that is required to source water. The maximum lending amount is $10,000 and it is repayable up to a maximum of 10 years at a 3% interest rate.
The by-law regulating the program can also be accessed here for more information: https://barringtonmunicipality.com/2721-by-law-no-37-water-supply-upgrade-lending-program/file.