Tuesday night Lethbridge City Council members were faced with a huge decision…whether or not to save the Lethbridge District and Exhibition from financial and operational disaster. A vote of no on a proposed Memorandum of Understanding would have meant the loss of jobs and the closure of a multi-million-dollar facility that just opened its doors mere months ago.
In a vote of 7-2 Lethbridge City Council accepted the proposed MOU that will help the organization (which will see a $6.5 million shortfall per year).
Pending provincial government approval the proposed MOU will facilitate an independent third-party review and see a new board take over consisting of Lethbridge City and County administration. Jeannette Rocher has the details.
