5. FINANCIAL MATTERS:

The cost for engineering services and the preparation of a drainage report is estimated to be $90,000.00. Transport Canada has committed to pay all costs associated with the drainage work for this project through their existing contract with Stantec Consulting. The attached letter of commitment (Schedule C) was received from Transport Canada January 20, 2015.

6. CONSULTATIONS:

7. CONCLUSION:

The administration recommends that City Council accept the signed request and pass the required resolution to appoint Landmark Engineers Inc. as the drainage engineer to make an examination of and prepare a drainage report for repair and improvements to the Broadway and Healy Drains, in accordance with Section 8 of the Ontario Drainage Act.