Tag: Elgin Military Museum
Small community set to finally pay off bad $6M bet on old submarine
A small community just east of London is in a position to pay off a Cold War-era submarine, a bad debt that’s hung over it for a decade, its top administrative official says. The Municipality of Bayham, which sits on the shore of Lake Erie in Elgin County and has 7,000 residents, was saddled with […]
Small community’s big debt over $6M submarine set to be paid off
Saddled with more than $6 million in debt after backing a loan to bring a Cold War submarine to its shores, a London-area community is poised to pay off the outstanding amount 15 years early. Â Bayham, a municipality with 7,000 residents on the eastern edge of Elgin County, is in line to settle the […]