Report to: General Committee Report
Date:
SUBJECT:
PREPARED BY:
RECOMMENDATION:
That the report
titled “
And that Council approve
the receipt of the $3,295,097 008 Municipal Road and Bridge Infrastructure
Investment Grant awarded to the Town of
And that Council approve
the attached resolution “
And that Staff report back to Council on road and bridge infrastructure construction project options for the use of the grant;
And that Staff be authorized and directed to do all things necessary to give effect to this resolution.
EXECUTIVE SUMMARY:
Not applicable
The purpose of
this report is to provide Council with information regarding the recently
announced
On
On
Mayor Scarpitti
received a letter on
·
The funds will be transferred to
the Town by
·
Also on
·
The province also requests an
authorizing bylaw/council resolution form the Town of
The bylaw/council resolution should confirm:
·
That the $3,295,097 allocated
to the Town of
· That a final summary report detailing expenditures, use of provincial funding , and outcomes achieved shall be submitted to the Ministry and the Ministry may request an independent audit of the project; and
· That any funds intended for the project that are not used in for the purposes of rehabilitation of municipal road and bridge capital investment needs or in accordance with the terms outlined above will be returned to the ministry.
Staff will bring forward to Council options for eligible road and/or bridge infrastructure projects in May. The only stipulation on the use of this grant appears to be that it must be used for road and/or bridge infrastructure construction.
Staff will provide the financial implications with the optional projects proposed in the report to Council in May.
Not applicable
Not applicable
Not applicable
Not applicable
RECOMMENDED
BY:
________________________ ________________________
Treasurer Commissioner, Corporate Services
Letter from Jim Bradley, Minister of Transportation
Resolution
Whereas on March 25, 2008 the Province of Ontario announced $400 million in funding for municipal roads and bridges outside of Toronto in the 2008 provincial budget; and
Whereas on March 31, 2008 the Town of Markham received a letter from the Minister of Transportation advising that the Town of Markham had been approved to receive funds in the amount of $3,295,097 towards Markham’s municipal road and bridge capital investment needs;
Now therefore be it resolved that:
·
That the $3,295,097 allocated
to the Town of
· That a final summary report detailing expenditures, use of provincial funding , and outcomes achieved shall be submitted to the Ministry and the Ministry may request an independent audit of the project; and
· Any funds intended for the project that are not used for the purposes of rehabilitation of municipal road and bridge capital investment needs or in accordance with the terms outlined above will be returned to the ministry.