Council approves 2019 Capital Budget focusing on sustainability and preparing for future growth

Council approves 2019 Capital Budget focusing on sustainability and preparing for future growth

City Council approved a $121 million capital budget this evening after two days of deliberation. The capital budget includes projects that will take place in 2019, or projects that require additional funding from previous years.

Debate on a future aquatics centre for Red Deer ended with a resolution to further consider scope and location and with a commitment to move detailed design costs forward from 2023 to 2019. The placeholder for construction remains as recommended in the plan.

“This decision made tonight is the next logical step for the future of the aquatic centre. It allows us flexibility but holds true to the fiscal reality of this budget,” said Mayor Veer. “We need to balance competing community expectations while navigating significant reductions in provincial government infrastructure funding. This City is genuine in wanting to move the community forward, but need to manage expectations about the timeline for major projects given financial realities.”

City Council also approved $2.6 million to plan an expansion and enhancement of the G.H. Dawe Community Centre. The project, including a twinned and expanded arena and new spray park, would cost $32 million in construction costs with preliminary dates scheduled for 2021 and 2022. A $15 million federal grant has already been applied for to help support these costs.

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