| REVENUES | ||
| Construction Cost Recoveries from EnWin - Water | $1,250,000 | |
| Administration & Restoration Fees (EnWin – Water) | $87,500 | |
| Property Assessment – Local Improvement Roll | $1,262,998 | |
| Total Revenue | $2,600,498 | |
| TOTAL CITY COST | $113,508 | |
Local Improvement Sanitary Sewer Project (ID# 7159000) is currently in a surplus position with funds available to undertake this work. Sufficient funds exist to pay for the city portion of the work.
Risk Analysis
Local improvement work is consistent with the requirements set forth by O. Reg. 586/06 under the Municipal Act. As such, associated risks to the Corporation are considered minimal.
Construction of a sanitary sewer on Baseline Road from 7th Concession Road to 8th Concession Road will result in the elimination of septic systems from 65 properties with a mix of residential, commercial, manufacturing and institutional uses. Septic tanks contribute to water quality concerns within the City's watershed through the release of health endangering contaminants by infiltration and overflows to the storm sewers and ditch system. Should this project not proceed, the subject properties will continue to use septic systems and property owners will incur additional costs as aging systems are replaced by the owners. Furthermore, the existing septic systems that are not replaced will continue to age and increase the potential for additional contamination of the City's storm system.
There is an associated risk to the City in undertaking any construction work. Through the procurement process and as part of the contracts with the successful bidders, there are sufficient insurances in place to cover the Corporation for the potential damage and claims that might arise from their work. As with any procurement, failure to follow the process prescribed in the Purchasing By-law could lead to liability for the Municipality. These risks are managed by ensuring the Purchasing By-law is followed and that the prescribed insurances are in place to cover the Corporation.
Consultations
Engineering Department – Adam Mourad, Janelle Coombs
Legal Department – Wira Vendrasco
Finance Department –Victor Ferranti, Carrie McCrindle