The City of Thompson and Vale representatives got together to officially sign the transaction agreement to transfer ownership of the Water Treatment Plant from Vale to the City.

Planning for the eventual transfer began in 2013, with more detailed discussions taking place over the past two years that included the signing of a letter of intent in April 2015.

Mayor Dennis Fenske says the water will be maintained by city employees.

Vice President Mark Scott says there is still a lot more work to do for the transition.

In 2018, the City will take ownership and operate the plant, with a 50-50 cost share. Full pro-rate cost sharing will be achieved in 2019.