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HomeMy WebLinkAboutFCS-16-152 - Clean Water and WasteWater Fund REPORT TO: Finance and Corporate Services DATE OF MEETING: October 3, 2016 SUBMITTED BY: Dan Chapman, Deputy CAO 519-741-2200 Ext 7437 PREPARED BY: Ryan Hagey, Director of Financial Planning 519-741-2200 Ext 7353 WARD(S) INVOLVED: All DATE OF REPORT: September 23, 2016 REPORT NO.: FCS-16-152 SUBJECT: Clean Water and Wastewater Fund (CWWF) Intake 1 ______________________________________________________________________ RECOMMENDATION: That the following project applications be approved to be submitted forconsideration under the Clean Water and Wastewater Fund (CWWF): Alice Avenue/Karn Street Full Reconstruction Hugo Crescent/Lorne Avenue Full Reconstruction BACKGROUND: On March 22 2016, the Federal Budget proposed $11.9 billion toward infrastructure over the next five years - starting immediately. The budget also stated that the government will implement a plan to invest more than $120 billion in infrastructure over 10 years. The budget puts this plan into action with an immediate down payment on this plan, including: $3.4 billion over three years to upgrade and improve public transit systems across Canada (Public Transit Infrastructure Fund or PTIF); $5.0 billion over five years for investments in water, wastewater and green infrastructure projects across Canada (Clean Water and Wastewater Fund or CWWF); and $3.4 billion over five years for social infrastructure, including affordable housing. The Clean Water and Wastewater Fund (CWWF) is a Federal program designed to accelerate short-term community investments, while supporting the rehabilitation and modernization of drinking water, wastewater and stormwater infrastructure, and the planning and design of future facilities and upgrades to existing systems. Through the CWWF, the Federal government is providing $569.5 million dollars in Federal infrastructure funding to cost-share: Rehabilitation projects; *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. 6 - 1 New construction projects; Optimization initiatives; and Planning and design work. For Intake 1 of the CWWF, the Federal government will fund up to 50% of the total eligible costs, while the Province of Ontario has agreed to fund up to 25% of total eligible costs (with the municipality funding the remaining 25% of eligible costs and any ineligible costs). Unlike several previous funding programs, Intake 1 of CWWF is not a competitive process. On September 14, 2016, the Federal/Provincial governments notified qualifying recipients of the maximum funding available to them and now require recipients to nominate projects for funding through a prescribed submission process. The deadline for project submissions and all October 31, 2016 supporting documentation is. Applicants will be notified if the projects listed January 2017 in the submission has been accepted for funding in early (estimated). To be March 31, 2018 considered for funding projects must be complete by . There is no maximum number of projects that may be submitted, but the funding available is capped for each recipient. Eligible project costs are limited to third party costs and include environmental assessment costs, engineering costs, feasibility studies, project management costs, construction costs and contingency costs. Cost must be incurred between April 1, 2016 and March 31, 2018. In addition, CWWF Intake 1 work must be incremental. Applicants are required to attest, in conjunction with their project application, that the project would not otherwise have taken place in 2016/17 or 2017/18; and/or the project would not have been undertaken without funding from the CWWF. This would include projects included 2016 municipal budgets where projects require additional funding to proceed and/or accelerate. CWWF Intake 1 is a one-time intake with no guarantee of future funding. Although the Federal government articulated a multi-year infrastructure investment plan, there are no details or specific commitments regarding future intakes for CWWF. The remainder of this report outlines the funding available to the City of Kitchener and recommends projects for submission for CWWF Intake 1. REPORT: On September 14, 2016, the City of Kitchener received a letter notifying the City would receive approximately $3.6M of funding (combined Federal and Provincial) for eligible projects under CWWF Intake 1. This means the City could complete $4.8M of work while only investing $1.2M of City funds as shown in the table below. Table 1: Cost Sharing for CWWF Intake 1 Funding Source AmountShare City of Kitchener $1.2M25% CWWF Intake 1 – Provincial Government $1.2M25% CWWF Intake 1 – Federal Government $2.4M50% Maximum Eligible Project Costs $4.8M100% 6 - 2 Staff have reviewed the eligibility requirements for CWWF Intake 1 and are recommending two full road reconstruction projects. These two projects meet the incrementality requirements of the program (they would not have otherwise taken place in 2017 without CWWF funding), and can both be completed prior to the March 2018 deadline. Further, staff have contacted Infrastructure Ontario (the administering agency for CWWF Intake 1) and have received oral verification the two projects appear to qualify for CWWF funding. The projects recommended for CWWF Intake 1 are listed in the table below. Table 2: Projects Recommended for CWWF Intake 1 Total ProjectProjectIncrementality Cost Alice Avenue/Karn Street$2,449,551Project accelerated from 2018. Full Reconstruction Hugo Crescent/Lorne Higher costs than originally budgeted based on detailed Avenue $4,408,300Engineering analysis. Full Reconstruction Project would otherwise be deferred. TOTAL $6,857,851 The total costs for these two projects ($6.8M) exceeds the maximum eligible project costs for cost sharing as outlined in Table 1 ($4.8M). Staff have confirmed this is acceptable with Infrastructure Ontario who recognize it is highly unlikely any municipality would be able to find projects that perfectly match available funding. There is sufficient funding in the budget for Kitchener’s portion of cost sharing as well as costs that exceed the maximum eligible project costs. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: Foundation: Efficient and Effective Government Goal: Financial Management Strategic Direction: Strive for competitive, rational and affordable taxation levels FINANCIAL IMPLICATIONS: Under a program such as CWWF, the City of Kitchener is able to leverage City funding to do more work than if the City were required to completely finance the project on its own. The City stands to receive up to $3.6M in funding through the program. But as the work must be incremental, there is no expected impact to utility rates. As noted above, the City has sufficient funding to contribute its share of CWWF eligible costs as well as any costs in excess of the maximum eligible project costs. COMMUNITY ENGAGEMENT: INFORM – A copy of this report will be posted to the City’s Council agenda webpage. ACKNOWLEDGED BY: Dan Chapman, Deputy CAO (Finance and Corporate Services) 6 - 3