Tuesday, December 17, 2013

Asset Management Plan to be Released Today

A controversial report on the city's aging infrastructure will come before
city council today.

The Asset Management Plan outlines every piece of road, sewer and water pipe or another piece of infrastructure owned by the city.

Councillor Ron Lunny suggests that council should increase property rates by at least 2.5 percent a year for ten years to pay for their eventual replacement.

Lunny says he doesn't see that happening.

While some members of council say they find the report alarming, Lunny says the information isn't new...they've always known they've had an infrastructure deficit.

The only question is the deciding on the best way to deal with it.