Title
Additional Fund Requirement for Wabamun Wastewater Pump Replacement
Proposed Motion
That Council approve an additional budget allocation of $50,000 for the Wabamun Wastewater Pump Replacement project, funded through the Water and Wastewater Restricted Surplus, as presented.
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
The purpose of this report is to seek Council approval for additional budget allocation for the Wabamun Wastewater Pump Replacement project to address costs exceeding the previously approved budget and to ensure sufficient funding is available for project completion.
Summary
Council previously approved $190,000 through RFD 26-218 for the replacement of the wastewater pump at the Wabamun Wastewater Lift Station, with funding sourced from the Water and Wastewater Restricted Surplus. Following approval, Administration completed the procurement process and received the final vendor quotation, which exceeded the approved project budget.
To ensure sufficient funding for project completion and to address any unforeseen costs that may arise during installation and commissioning, Administration recommends an additional $50,000 allocation from the Water and Wastewater Restricted Surplus. This budget adjustment would increase the total project budget to $240,000, allowing the project to proceed to completion without delay.
Strategic Plan:
Effective management of infrastructure supports reliable service delivery and aligns with Strategic Plan Goal A1, ensuring County Infrastructure continues to meet the needs of residents, businesses and industry and Strategic Plan, Goal D4; Ensure the County's budget is aligned with defined service levels and evolving economic conditions, supporting responsible financial management. Desired Outcome: A sustainable and transparent budget that reflects organizational priorities, adapts to economic conditions, and supports responsible long-term fiscal stewardship.
Financial...
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