PROPOSED MATERIAL CHANGE TO CLAYSTONE WASTE LTD. MUNICIPALLY-CONTROLLED CORPORATION BUSINESS PLAN

Claystone Waste is a municipally-controlled corporation – controlled by the Towns of Tofield and Viking, the Villages of Ryley and Holden, and Beaver County.

The Board of Directors for Claystone Waste has undertaken a strategic planning process and is proposing a material change to its Business Plan.  This change will enable Claystone Waste to consider opportunities to diversify its service offerings and develop new revenue streams.

At the Board’s 2023 Annual General Meeting, the shareholders will consider amendments to the Business Plan.  If the changes are accepted, Claystone Waste may proceed with further steps to acquire other companies, enter into joint ventures, or establish a subsidiary.

Beaver County Council will be holding a public hearing to give residents an opportunity to provide input.

The public hearing will be held on April 5, 2023.  Notice of the time and location will be posted in the Chronicle and on social media in the near future.

Further information, including the Business Plan and supporting documentation, can be viewed by clicking here or by picking up a copy at the Beaver County Office.