Day: 6 July 2019

Food and Music Festival

John Draper

A relatively new event today, and maybe it was the threatened rain, but it did not bring a whole lot of people out.  There were a lot of food vendors and one stage for performers.  I made a video starting at around 2:00pm so I saw two performers – The Offbeats and the one man band Cale Crow.  There’s a list below of all those who were booked to play.  There were few non-food “vendors” but the axe throwing guy seems to show up at every event in Town.  People must like it but so far I’ve not seen anyone succeed other than the person operating the show.  The food vendors were all on King street – apparently they were… Read complete articleFood and Music Festival

Holdco Releases Annual Report for 2018

John Draper

Published by Lakefront Utilities, this is primarily a report on operations with minimal Financial information.  Audited financial statements are available but are not on the Utilities web site but instead are on the Town’s web site – see links below.  This is no doubt appropriate since the Town of Cobourg is the majority shareholder but as recently as the last Municipal election, many were not aware that this information was available.  The Annual report does include a single page of financial numbers and this would be sufficient for most.  But the full statements do list the full “profit” and the “dividend” paid out – to Cobourg.  The profit not used for the dividend appears to be used to add to… Read complete articleHoldco Releases Annual Report for 2018