TAMRMS#: B06
5.3
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10 Year Capital Growth Plan Update
Presented by: Suzanne Findlay, Manager, Financial Services
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RECOMMENDED MOTION(S)
recommendation
1. That Administration update the 2025-2034 Municipal Growth Capital Plan to include the project brief provided in the attachment titled "Growth Capital Plan Additions".
2. That Administration update the 2025-2034 Municipal Growth Capital Plan to remove the project provided in the attachment titled "Growth Capital Plan Removals".
3. That Council members be requested to submit any additional amendments to the 2025-2034 Municipal Growth Capital Plan to Administration by April 19, 2024.
4. That Administration prepare backgrounders for proposed amendments to the 2025 2034 Municipal Capital Growth Plan for presentation to Council at the May 7, 2024 meeting for consideration of approval.
5. That the revised 2025-2034 Municipal Capital Growth Plan be included in the Proposed 2025-2027 Business Plan and Budget along with funding recommendations guided by the Capital Prioritization Matrix.
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PURPOSE OF REPORT
The purpose of the report is to provide the Standing Committee of the Whole with recommended changes to the 2025-2034 Municipal Growth Plan.
BACKGROUND AND DISCUSSION
The 10 Year Municipal and Utility RMR and Growth Capital Plan is a long-term planning document for the City that provides key strategic inputs for the upcoming budget year, a framework for the three-year budget plan, and a future outlook of long-range capital requirements.
Capital projects identified as Growth are required to meet future demand and strengthen the community. As new infrastructure is needed to meet this demand an annual review of the plan is done by Administration, who then provide recommendations to Council for additions or removals. For the 2025-2034 Municipal Capital Growth Plan, Administration has determined that the growth initiative Municipal Area Network (MAN), as provided in the attachment "Gro...
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