Title
Request for Funding Allocation - Asphalt Surfacing Program Project Range Road 14
Proposed Motion
That Council approve an additional $380,000 in Municipal Sustainability Initiative Grant (Capital) funding to complete the Range Road 14 Asphalt Surfacing Project between Highway 16 to Township Road 534 .
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
The project was publicly advertised for construction and lowest price received was over budget. Therefore, additional funding is required to complete the project this year.
Summary
The Range Road 14 Asphalt Surfacing Project between Highway 16 to Township Road 534 consists of base repairs, milling, asphalt overlay and guardrail installation. The project was
publicly advertised for construction, closed and submissions evaluated in early June. Five submissions were received. The lowest price received was over budget.
Administration recommends an additional $380,000 of Municipal Sustainability Initiative funding be approved by Council so the Range Road 14 Asphalt Surfacing Project between Highway 16 to Township Road 534 can be completed in 2024.
Financial Impact:
Cost: up to $380,000 (2024 Budget)
Source of Funding: Municipal Sustainability Initiative Grant (Capital)