Prince George Applies For Funding From Building Canada Plan
By 250 News
Tuesday, July 15, 2008 03:52 AM
Prince George, B.C. - Prince George will be applying for a piece of the Building Canada Plan pie. The plan allows communities of less than 100,000 an opportunity to improve sewer, water, local roads, tourism infrastructure, short-sea shipping, short-line rail, and flood mitigation.
Until 2014, the Federal and Provincial Governments are both investing $136 million each to be applied to projects approved under the Communities Component, which includes $25 million for flood mitigation. Together with matching funds from the municipalities, $408 million will be available, through until 2014, to help meet the local infrastructure needs and priorities of smaller British Columbia communities.
Derek Bates, City of Prince George Manager, says Council has already provided instruction to apply for this funding “There are two streams of funding that we are looking at. The first one includes funding for flood protection projects and the other includes a 50% cost sharing program involving cultural facilities."
The cultural facilities that qualify could include a performing arts centre which is a project that is already under review by a group in the city.
Bates says the capital plan will be reviewed to see which projects would best fit the funding program
The City will not be applying to cover costs of the Cameron Street Bridge as the funding is not retroactive to previous projects.
The Building Canada Plan replaces the Municipal Rural Infrastructure Fund.
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It looks like a great tube channel on that study they did. Imagine that a place on the river where families could go to take their kids with out dad being washed away down river trying to save a kid that went in to far. I think it would be great and lots of families would come and use it and people would set up ice cream stands and maybe fruit stands, and then the money and investment would start to go where the people are... and who knows maybe the downtown would become the hip place to be... I'm just kidding that would never happen lol.