Experience
Port Colborne
Tuesday, October 21, 2014
 
 

Lakeside city hoping to catch funding wave

Posted by Jamie Lee on Friday, October 12th, 2012

Maryanne Firth / The Tribune

Port Colborne is vying for provincial funding to protect its assets.

After receiving approval from city council Tuesday night, the municipality will submit an expression of interest to the Municipal Infrastructure Investment Initiative Funding for Asset Management in hopes of receiving grant money.

If funding is received, Port Colborne will be able to hire a consultant to create a sustainable asset management plan. Municipalities with populations under 20,000 are eligible for the grant.

A base amount of $20,000 is available along with an incremental amount based on the value of the city’s roads, bridges and water/wastewater infrastructure in the 2011 financial information return.

Staff have been working on the inventory and valuation of the city’s assets over the past two years, including items such as roads, bridges, buildings, vehicles, machinery and equipment.

The plan will determine priorities of when and what assets require replacement, replacement costs and a financing plan for replacement over time.

Having a management plan will be a big determining factor going forward for municipalities hoping to receive future funding from the province, said Peter Senese, Port Colborne’s director of community and corporate services.

Staff, he said, are hoping to have the plan ready in time for 2014 budget deliberations.

 

 
 
 
 

News Archive

 
North-south passenger train service proposed
Rob Houle / St. Catharines Standard
Jamie LeeFri Oct 17th, 2014
Advance Poll Voting Locations in Port Colborn…
Starts Today
Jamie LeeWed Oct 15th, 2014
Bridge 21 Closure - October 16, 2014
The St. Lawrence Seaway Management Corporation
Jamie LeeThu Oct 9th, 2014
Inter-municipal transit 'will galvanize' Niag…
Paul Forsyth / Niagara This Week
Jamie LeeThu Oct 9th, 2014
Smoke alarm compliance theme of Fire Preventi…
Mike Zettel / Port Colborne Leader
Jamie LeeFri Oct 3rd, 2014
City Seeks Christmas Card Design
Dave Johnson / Erie Media
Jamie LeeThu Oct 2nd, 2014
Lions driven to fill food bank shelves
Maryanne Firth / The Tribune
Jamie LeeThu Oct 2nd, 2014
North-south passenger rail service proposed
Paul Forsyth / Port Colborne Leader
Jamie LeeThu Sep 25th, 2014
Door to Door Water Filtration Sales
Darlene Suddard / Environmental Compliance Supervisor
Jamie LeeMon Sep 22nd, 2014
Bridge 21 Closure - September 24-25, 2014
The St. Lawrence Seaway Management Corporation
Jamie LeeThu Sep 18th, 2014
1 2 3 4 5 6 Next »