JOC ARCHIVES

December 9, 2013

$100 million added to Calgary's capital budget

Calgary City Council approved adjustments to the 2014 budget, which includes more than $100 million in flood related adjustments to capital spending.

The largest adjustment to capital spending was $65.9 million to restore riverbanks and repair water infrastructure to pre-flood levels. The city expects the majority of this spending will be recovered from insurance, the Provincial Flood Recovery Erosion Control Program and the Disaster Recovery Program.

Next, the restoration of recreation infrastructure at Shouldice Athletic Park, at Maple Ridge Golf Course and at Shaganappi Point Golf Course will cost $13.9 million and $12.9 million will be spent to repair flood impacted pathways.

Other flood related adjustments to capital spending in 2014 include:

$10.8 million to repair flood damage at City parks including Prince’s Island Park and Bowness Park;

$7.9 million to cover estimated replacement costs for the Rideau Park, Riverdale Avenue and Sandy Beach pedestrian bridges, all which sustained significant damage during the June 2013 flood;

$4.2 million to continue to repair flood damaged buildings and replace contents at the Calgary Zoo in 2014;

$2.7 million capital funding to continue to repair significant damage to structural, electrical and mechanical infrastructure at the Talisman Centre in 2014.

$1.5 million to repair flood damage and repair or replace contents at the Calgary Public Library. This funding request is a placeholder as it is expected this item will be covered under insurance.

These last items are also expected to be covered under insurance.

JOC NEWS SERVICE

Print | Comment

MOST POPULAR STORIES
TODAY’S TOP CONSTRUCTION PROJECTS

These projects have been selected from 479 projects with a total value of $1,224,678,004 that Reed Construction Data Building Reports reported on Wednesday.

OFFICES

$80,000,000 Calgary AB CANCELLED/ DEFERRED

OFFICE TOWER

$33,500,000 Port Moody BC Prebid

OFFICE BUILDING

$30,000,000 Calgary AB CANCELLED/ DEFERRED

Daily Top 10

TODAY’S TOP JOBS

Technical Sales Representative
Ontario-Bolton

Site Super
Ontario-East York

Project Control Coordinator - NLLP Program Office (16633)
Ontario-North Bay

Experienced Site Superintendent
Ontario-Cobourg

Project Manager
Ontario-Oshawa

Estimator
Ontario-Toronto

Site/Field Coordinator
Ontario-Mississauga

Superintendent
Alberta-Red Deer

Operations Foreman
British Columbia-Vancouver

Earthworks Estimator
Ontario-King

More jobs 

myJobsite.ca

Your gateway to
the top careers
in construction
and design