TAMRMS#: B06
7.10
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CGISC Recommendation: Ray Gibbon Drive and North St Albert Trail Funding Requests
Presented by: Councillor Joly
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COUNCIL MOTIONS RECOMMENDED BY CGISC
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1. That the budget for project #420424 (Ray Gibbon Drive Improvements based on project charter ENGS-074) be increased by a total of $2,000,000 and that the increase in budget be funded through $500,000 recovered from received payment from the City of Edmonton and $1,500,000 from debt under Borrowing Bylaw 18/2019.
2. That the budget for project #419421 (North St. Albert Trail Corridor Management Implementation based on project charter ENGS-070) be increased by a total of $5,500,000 and that the increase in budget be funded through $500,000 recovered from received payment from Landrex and $5,000,000 from debt under Borrowing Bylaw 9/2019.
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PURPOSE OF REPORT
The purpose of this report is to bring to Council two recommended motions arising from an item on the Agenda of the April 11, 2022 meeting of the Community Growth and Infrastructure Standing Committee.
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Report Date: April 19, 2022
Standing Committee: Community Growth and Infrastructure