Infrastructure Projects Being Announced
By 250 News
Wednesday, February 18, 2009 01:15 PM
Prince George, B.C.- The City of Prince George is one of several B.C. communities waiting to hear if the Federal and Provincial Government will pick up a share of an infrastructure project. For Prince George, it is the Boundary Road project. The City had applied for funding under the “Building Canada” fund and those announcements are now being rolled out.
Earlier today, it was announced the Federal and Provincial Governments were investing over $110 million dollars for 41 infrastructure projects throughout B.C. The Boundary Road Project has a price tag of $48 million dollars. The cost break down is as follows:
Federal Government 1/3 = $16 million
Provincial Government 1/3 = $16 million
Prince George 1/6 = $8 million
Private Developers 1/6 = $8 million
So far, the only project officially announced is the upgrade of the wastewater treatment plant in Kamloops. The Federal and Provincial governments will contribute $14.2 million to that $21.3 million dollar project.
There is a special news conference slated for the Prince George Airport on Friday. While it is possible the Boundary Road funding could be announced at that time, it is more likely the news conference will celebrate the "official" opening of the newly expanded runway.
Meantime, the “Building Canada Fund” has announced a second round of applications will be accepted from tomorrow, through to March 16th. It is expected the City of Prince George will submit its proposal for the 4th Avenue Upgrade. That project carries a price tag of $6.88 million dollars. Part of the bill would be picked up through fees charged to property owners who would benefit from the upgrades.
The cost breakdown on that project calls for the City and property owners to share in the tab for $2.794 million dollars worth of work, and the City on the full hook for the balance of $4,608,200.
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Hey Pat, Shirley & Tim...don't get caught in the jet wash of any of those 747s while you're up their cutting the ribbon! I guess one year from now after we've filled in the potholes and dusted off the cobwebs...can we have yet another "official" opening?