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Tag: Elgin Military Museum

London Free Press

Small community set to finally pay off bad $6M bet on old submarine

  • By The London Free Press
  • 2 March 2025
Small community set to finally pay off bad M bet on old submarine
5 min read

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 […]

London Free Press

Small community’s big debt over $6M submarine set to be paid off

  • By The London Free Press
  • 1 October 2024
Small community’s big debt over M submarine set to be paid off
6 min read

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.   Bayham, a municipality with 7,000 residents on the eastern edge of Elgin County, is in line to settle the […]

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