Midtown Gateway and Water Supply Funding
Motion
It was moved and seconded that Council direct Staff to: 1. Increase the budget for the Midtown Gateway Phase 2A project in 2022 for the Storm Sewer section by $72,500 funded from the Drainage DCC Reserve Fund and increase the budget for the Water Distribution section by $586,593 funded from the Water Reserve; and, 2. Increase the budget for the Midtown Water Supply Project by $4,236,870 in 2022 funded by $1,192,264 from the Water Supply DCC Reserve Fund, $1,192,264 from the Water Asset Management Reserve Fund, and $1,852,342 from the Water Reserve.