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HomeMy WebLinkAboutCSD-10-024 - Capital Funding for Community Services ProjectsREPORT ORT TO: REPChair Vrbanovic and Members of Finance and Corporate Services Committee DATE OF MEETING: April 12, 2010 SUBMITTED BY: Pauline Houston, General Manager, Community Services PREPARED BY: Pauline Houston, General Manager, Community Services (Ext. 2646) WARD(S) INVOLVED: N/A DATE OF REPORT: March 30, 2010 REPORT NO.: CSD-10-024 SUBJECT: CAPITAL FUNDING FOR COMMUNITY SERVICES PROJECTS RECOMMENDATION: THAT the funding sources identified in Table #2 of report CSD-10-024 be approved as the sources of: the City of Kitchener’s 1/3 of funding for the Recreational Infrastructure Canada o Program Aquatic Facilities Upgrade projects - $990,000 the unfunded portion of the additional Parks and Trails approved on Budget Day, o January 18, 2010 - $291,000 McLennan Park Splash Pad Water Recirculation System - $125,000 o BACKGROUND: On February 3, 2010, it was announced that the City of Kitchener received funding approval for Recreational Infrastructure Canada program (RINC) Aquatic Facilities Upgrade projects with a total value of $2.97 million. To be eligible for the funding, it is important that the City meet the following two requirements identified in the RINC program: Projects must be completed by March 31, 2011 o The City must contribute 1/3 funding for the total eligible project costs o On January 18, 2010, as part of Budget Day discussions, Council approved an additional capital allocation in 2010 for Parks and Trail construction of $691,000. At that point in time, funding sources were identified and approved for all except $291,000. The McLennan Park Splash Pad is part of the Phase 2 development works for McLennan Park, which is one of the projects that has received Infrastructure Stimulus Funding. The water ïë ó ï recirculation system was not part of the original scope for the Splash Pad and in order to proceed would require funding. The McLennan Park project was approved for partial funding under the Infrastructure Stimulus Fund, which also has a completion date of March 31, 2011. The purpose of this report is to outline for Council’s consideration funding options for the above capital projects so that construction can commence as quickly as possible in order to meet the March 31, 2011 timelines for the RINC and ISF programs. REPORT: Recreational Infrastructure Canada Program – Aquatic Facility Upgrades (Cost estimate $2.97 million) Several aquatic facilities require piping and filtration system upgrades. In addition, some facilities require renovations such as the creation of family change rooms. The latter would improve customer service and provide a safer environment for children. Table #1 below shows the list of facilities that have been recently approved for funding. Table #1 Summary of Aquatic Facility Upgrades Aquatic Facility Upgrade Harry Class Pool Change house upgrade Harry Class Pool Deck replacement Harry Class Pool Epoxy resurfacing Breithaupt Pool Filter system upgrades Wilson/Kingsdale Pool Add splash pad Chicopee Pool Add splash pad In addition to the above projects, the City applied for funding for a complete overhaul of Kiwanis Pool for an estimated cost of $2 million. However, given the delay in the funding approval timeline, this project was withdrawn as it could not be completed by the March 31, 2011 deadline . As outlined in table #2, there is funding capacity in several aquatics and facilities management accounts resulting from the fact that the approved upgrades will reduce pressure on future capital provisions for the facilities identified above. As a result, these provisions may be allocated to fund the City’s 1/3 share of the project cost. These amounts total $244,000. The balance of funding required ($746,000) may be drawn from capital surplus, which has a sufficient balance as a result of a recent closeout related to the Wabanaki Drive extension as outlined in FIN-10-050 dated March 22, 2010. Parks and Trails Construction The 2010 capital budget included a provision for the sustainable level of parks and trails development, but $291,000 of this budget had no identified funding source at the time of budget approval. There is a sufficient balance within capital surplus to fund this amount and it is recommended that Council approve this funding source in the absence of other viable alternatives. ïë ó î McLennan Park Splash Pad Water Recirculation System Although not part of the original scope or budget for the project, implementation of a water recirculation system at the splash pad will result in reduced utility operating costs due to lower water consumption that would result in a five year payback of the capital cost. It is recommended that the funding for this project be drawn from major park development ($110,000) and outdoor fountains ($15,000) which are appropriate funding sources for this type of expenditure. The impact of this reallocation of funding will be a deferral of a sportsfield upgrade until 2011. Table #2 Recommended Funding Sources EligibleFederal/City of ProjectProjectProvincial Kitchener Funding Source Recommended for City’s Description Costs ShareShareShare of Cost Aquatic$2,970,000 $1,980,000 $990,000 Capital Surplus $746,000 Facility FM Breithaupt Maintenance 2010 $ 63,000 Upgrades FM Breithaupt Maintenance 2011 $ 63,000 FM Outdoor Fountains 2010 $ 13,000 FM Aquatics Maintenance 2010 $ 30,000 CSD Aquatics 2010 $ 65,000 CSD Aquatics 2011 $ 10,000 Parks and $291,000 - $291,000 Capital Surplus $291,000 Trails McLennan $125,000 - $125,000 CSD Major Park Development 2010 $110,000 Park Splash FM Outdoor Fountains 2010 $ 15,000 Pad Recirculation System FINANCIAL IMPLICATIONS As outlined in the body of the report. The projected balance in capital surplus is comprised of the following: Revenue (close out): Wabanaki Drive Extension $1,545,202 (per FIN-10-050 on March 22, 2010) Projected Expenses: Aquatic Facility Upgrades $ 746,000 Parks and Trails $ 291,000 $1,037,000 Balance remaining: $ 508,202 This balance will be retained to mitigate a 2010 operating deficit, supplement the low capital contingency balance or address unfunded capital priorities in the 2011 budget (e.g., parks and trails, accessibility, cemeteries, etc.). ACKNOWLEDGED BY: Pauline Houston, General Manager of Community Services ïë ó í