Dear Editor:
This is my first letter to the editor but the article regarding the loan to the Lonsdale Energy Corp. got me sufficiently upset to write.
I hope my letter will increase public awareness regarding a utility the city never needed to develop, which can never be unwound and which will never be sold without a significant loss to the city taxpayer. In your Jan. 1 editorial you mentioned a lack of belt tightening by the city and the LEC is just another example. Joyce Taylor North Vancouver P.S. My condo fortunately was one of the last buildings built before the LEC came into being for the Pier development.
Joyce Taylor
North Vancouver
P.S. My condo was one of the last buildings built before the LEC came into being for the Pier development.
