Albert and Fourth Street & Utility Upgrade Project
Motion
That Council increase the budget for the Albert and Fourth Street & Utility Upgrade project in 2023 from $3,763,701 to $4,367,120 funded by $298,013 from the Water Asset Management Reserve Fund, $289,986 from the BC Active Transportation Grant and $15,420 from Water DCC contingency fund.
Sources
Agenda itemCity agenda, whole meeting
Staff reportPage 1
Purpose
To seek Council direction to amend the budget for the Albert and Fourth Street & Utility Upgrade project from $3,763,701 to $4,314,494 in the 2023-2027 Financial Plan.
Staff recommendation
That the Finance and Audit Committee recommend that Council increase the budget for the Albert and Fourth Street & Utility Upgrade project in 2023 from $3,763,701 to $4,367,120 funded by $298,013 from the Water Asset Management Reserve Fund, $289,986 from the BC Active Transportation Grant and $15,420 from Water DCC contingency fund.
DocumentsStaff report about Economic Development, Transportation & Mobility