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July 23, 2021 July 23, 2021

Bow Island passed Capital budget

Posted on March 30, 2021 by 40 Mile Commentator

By Justin Seward

Commentator/Courier

Town of Bow Island council passed its 2021 Capital Budget in the amount of $2,454,500 at their March 22 meeting.
The First Avenue Bridge Replacement ($450,000) is contingent on grant approval under the STIP (Strategic Transportation Infrastructure Program) , a CFEP (Community Facility Enhancement Program) grant has been applied for 50 per cent replacement funding for the pool’s hot tub ($90,000) and the town should know by the end of the month if they were a successful applicant. The Second Avenue E. infrastructure has been finalized by MPE.
The revenue sources for this year come from the MSI Capital Grant ($1,017,650), Federal Gas Tax Fund ($45,000), STIP grant ($337,500), Veteran Affairs ($12,685), reserve ($346,453), debentures ($410,000) and donations of $42,361.
“The biggest ticketed item is the water line (and) a sewer line replacement on Second Avenue, along the south side of St. Michael’s School ($942,000),” said Bow Island Mayor Gordon Reynolds.
Sidewalks will also be replaced on Second Avenue.
There will be a couple of waterline projects on the southside of the highway, which Reynolds says haven’t quite yet been identified for locations.
Sidewalk replacements will also be completed.
Reynolds said the town included an amount in this budget for a new garbage truck.
“It’s in the budget, but a decision on the truck has not been finalized,” he said.
“It appears that there’s a good chance that truck wouldn’t come until next year anyway, so it would be moved until the next budget.”
Council tabled a decision on a garbage truck until April 12.
A cenotaph refurbishment will be done at a cost of $26,000 and funded almost entirely by grant money.
A Centennial park walking path expansion is also on the list for $40,000.The town’s recreation board will assist in fundraising for the project.

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