TAMRMS#: B06
6.3
Information Item Only
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Northeast Servicing - Financial Analysis Assumptions
Presented by: Kristina Peter, Director, Planning and Development; Anne Victoor, Director, Finance and Strategic Services; Dawny George, Director, Engineering Services
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SUMMARY
This report summarizes the advancement of Northeast Servicing Design, its estimated construction cost, potential third-party funding explored, and the stakeholder engagement to date. The background information provides insight into growth and financial analysis that may aid the discussion and debate of proposed Council motion, CM-26-005 on April 21, 2026.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
On January 13, 2026, a Notice of Motion was given and subsequently updated on February 24, 2026:
That on or before April 21, 2026, the following motion is debated: That project charter WASWT-021 - Northeast Servicing Project is approved and the first reading of the borrowing bylaw is brought before council by May 5, 2026.
On May 16, 2022, Council passed the following motion CB-22-047:
That Capital Project Charter WASWT-021-Northeast Servicing Projects be added to the 10 year municipal growth plan in 2023 for future funding consideration.
That funding in the amount of $2,000,000 be approved from the Off-Site Levy Recovery Funds in 2022 to advance the design component of the project described as phase 1 in the attached project charter.
BACKGROUND AND DISCUSSION
The discussion below will entail two case studies: 1) Northeast Servicing Funding analysis without any third-party funding or grant opportunity and 2) Northeast Servicing Funding analysis with potential third-party funding or grant opportunity.
The following discussion would reference growth in three contexts and will be annotated as noted below for clarity.
Population growth - Growth (P) in units of number of people per year
Land Absorption growth - Growth (A) in units of hectares per year
Economic grow...
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