The Railway Street construction project is getting an additional $700,000 to cover costs associated with removing asbestos cement pipe.
Council approved the amount — to be funded from Municipal Sustainability Initiative (MSI) Capital grant — at their meeting Monday September 14.
Asbestos cement pipe (ACP) running a little over half the length of the project was discovered while work was underway; ACP must be removed and disposed of at an approved facility, which required additional work not included in the original contract for the project.
The Town has unallocated MSI Grant funding of approximately $1,000,000; this project meets the grant program criteria. The $700,000 covers the additional costs and engineering, and adds contingency funds for the completion of the work.
The additional amount brings to the total approved budget for the project to $3,490,000.
The project is currently over 85% complete and is scheduled to be done this month.
The Railway Street project was approved as part of the 2020 capital budget and is part of the first phase of the Tri-Site redevelopment which also includes the Transit Hub and Innovation Centre. It includes a full rebuild of deep utility infrastructure, the addition of storm infrastructure and streetscape additions. It’s part of Council’s priority of community connectivity, focusing on multi-modal transportation solutions that achieve positive traffic and pedestrian flows.