As indicated above, Administration estimates the works submitted as part of the grant to cost a total of $80,484,001. Of these costs, $67,740,874 is considered eligible for up to 40% in DMAF funding, or $27,096,350. This means that the City would need to contribute the balance, or $53,387,651.
Consultations:
Wes Hicks - Senior Manager Infrastructure & Geomatics / Deputy City Engineer
Anna Godo – Engineer III
Jake Renaud – Senior Manager Pollution Control / Deputy City Engineer
Michael Dennis – Financial Planning Administrator
Conclusion:
It is recommended City Council approve the submission of these projects as an opportunity to leverage up to an additional $27M in grant funding to help address projects which will assist in addressing our flooding challenges.
Planning Act Matters:
N/A
Approvals:
| Name | Title |
|---|---|
| Melissa Osborne | Senior Manager Asset Planning |
| Mark Winterton | City Engineer |
| Joe Mancina | Chief Financial Officer / City Treasurer |
| Onorio Colucci | Chief Administrative Officer |
Notifications:
| Name | Address | |
|---|---|---|
Appendices: