Title
Westbrook Crescent
Proposed Motion
That Council approve the temporary funding of $89,785 for the Local Improvement subdivision surfacing work at Westbrook Crescent Subdivision until December 1, 2014 and that the temporary funding come from Future Transportation Restricted Surplus.
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
To provide interim financing until the subdivision surfacing work has been completed in Westbrook Subdivision.
Summary
As a result of poor weather conditions the local improvement subdivision surfacing work performed at Westbrook Crescent subdivision produced incomplete and deficient work that did not allow the completion of this project in 2013.
As a result, the subdivision surfacing local improvement revenue will not be attained in 2013. Therefore, Parkland County will have to temporarily fund this expense until the revenue is due on December 1, 2014.
Strategic Plan/Policy/Legal/Staff Implications.
N/A
Financial Impact:
Cost: $89,785
Source of Funding: Future Transportation Restricted Surplus