levels of government funding. The City of Windsor continues to be in a strong position to meet this requirement.
Risk Analysis:
There is the potential risk that the application is not selected for funding. If so, this would further delay having this necessary work completed, resulting in the road deteriorating further. A decision would have to be made on whether to wait to apply for Connecting Link funding again in 2022-23 if made available or to rehabilitate the section of road in question, despite the current shortfall in funding, with the City having to fund the full cost of the construction.
Notwithstanding that the recommended funding for this project was approved in principle within the 2020 8-year capital budget, there is a risk some of the originally planned projects for these years may need to be altered and the commitment of this funding will reduce City Council’s flexibility relative to funding the various capital investments that will be presented in the 2021 10-year capital budget.
Climate Change Mitigation Risk: There is no impact to the City’s GHG emissions inventory as a result of this grant application. Construction will result in GHG emissions that are accounted for within the Community GHG emissions inventory. Construction emissions in general will be offset by improved drivability and functionality of the infrastructure.
Climate Change Adaptation Risk: There is no climate change adaptation risk associated with this grant application. The life and service levels of road infrastructure may be impacted by a number of climate variables including temperature extremes and precipitation. Maintaining roads in good/excellent increases the resiliency of the infrastructure and the road user.
Financial Matters:
The financial information provided below has been calculated based on the City receiving $3,000,000, the maximum funding available from the Connecting Link Program 2021-22. $3,000,000 represents approximately 37% of the total eligible project costs. The City will be responsible for funding the remaining approximate 63% of the eligible costs estimated at $5,165,255, and 100% of the ineligible costs estimated at $470,000. The City’s total funding responsibility is estimated to be $5,635,255. The engineering and design work will be complete in 2021/2022 with the reconstruction beginning in the spring of 2022 and project completion planned for the fall of 2022.
Summary of Project Estimates, Timing, and Funding: