City Manager Pat Woods presenting Common Council with a recommendation on where to spend funds in the 2013 general capital budget.
This is the last of 4 budgets that focuses more on major projects and investments such as land purchases and building development. The recommendation is based around Plan SJ, council priorities and being cautious with city funds. Staff is recommending more development on underground infrastructure, road repairs and upgrading many old recreational buildings.
The 30 year-old Canada Games Aquatic Centre is on the list, as well as the Nick Nicolle Community Centre, Harbour Station and the Trade & Convention Centre. Woods says if we want more development, work needs to be done on underground infrastructure which has a recurring problem of flooding. The report also recommends using 2.3 million dollars in new money from the gas tax fund to use on roads and sidewalks.
Mayor Mel Norton says he’s pleased with how the budget is drafted, saying it reflects many of the city’s priorities. Council will now consider the recommendation and vote on it at the end of the month when all councillors are in attendance.
The over capital program for 2013 is set at 11 million, but the total budget is higher than that because they can get additional funding from federal funds and sales of assets.
