6 durum cumulus-mummy. NOVEMBER 24,1016 - City looking for new ways to pay for keeping up its assets MSuurrrnAllmnm and stormwater infrastructure and between one and two per cent. With- similar to how the city charges rest integratedplannirgandpublic works, » Chronicle Staff between $14 and $17 million a year in a decade, the levy would provide dents who use parking, community “The city has been doing asset tomaintainodrerinfrasn'ucturelike thedtywith$7milllontoSllmillion spaces.sportsfncilltiesandwmeter~ manaymemplanniminaninformal maintain its more than a bil- roads, parkland facilities. a year. For the average household, ies. The surplus from the Waterloo way for many decades for many of lion dollars worth of infrastruc~ ‘When you have a gap between this tax would translate to between North Hydro investment could go our pieces of infrastructure,†Rapp true, the city is looking into dif- your needs and funding models. slSarid327 ayear. towardsinfmsn-ucmrepnjemmo. said. “However,we sawthe landsmpe ferent funding options including a there are really two ways to close it, Financial analyst Cassandra Pacey The city manages $1.6 billion was shifting and in 2013 we reviewed special mlevy. additional funding or lower expecta- proposed other funding options, as worth of infrastructure. To manage what the province was putting for» In a report presented to the dons," saidCoun. lefl Henry. "inreal- well, such as increasing the general expectations about the shape the ward as requirements... (for infra- Finance and Strategic Planning Com- ityitwlll be: oumhinationofboth.’ tax levy, applying for grants and tak- city’s infrastructure is in. staff also structure)ftmdingorgrants.' mittee last week. staï¬said it will cost Additional funding could come ingondebt. introduced and council approved a A comprehensive plan was $3 million a year to manage water from an infrastructure tax levy A user lee model could also work public engagement program begin deemed necessary. Freeman said p04 . ,, » . i‘iif‘fii-‘J'éf j; g‘ â€w“; f†in " = “ fir-«Men'â€" W "' ningnen year. ltwlfl inchrdea tele- that makesense because it motivates n" , . - ;'>f.,:vq,‘:~,»; §;f : *% Ts; a? «isâ€"1,1“; in ) 1; â€his, 1’ if? phonemdonlinesurvey. municipalitiestogetaclearideaof ' ' 3M§3ï¬Ã©1§1§ is} e if 3." 4 “Q 5? ‘jr eggs ‘ . ’ _ if; i 55; ‘ fl: Along with providing the public whatneedsthemostwork. â€" ‘ †"' withlnformatiorrdreeitywflhelook- â€Drisispingtobeareallyirnpor- 2016 M . lng for feedback on what infrastrtw- tam tool to use to apply for grants," . e ‘; ture projects should be prioritized she said. “And fair enough because 5 4 l andwhat fundingurmgeswouldbe the intention of grant money'is to I "' m m w‘onmw’nmmm' l .. 'We will be creating a hamhmark Trying to ï¬gure out how to make massessifanmethasexceodedits thesekindsoldedsionskbecoming l 1 lifeexpectancyandiftheinfrasmrc- irraeasirglydifï¬mltasflseammtof , nï¬. b , ' nueisinpoor,goodorexmllentconâ€" moneyisshrinldng,’ ‘ ’ ' . dition.’ said Coun. Diane Freeman. To keep the momentum going, ‘M'ww Wemn'tafhdtokeepeverythingat councilapprovedthehiringofdrree “WWW anarcdlentphoeandm'ghtneedto contractstafl'totakeonassetman- A _m&m.w ï¬ndabalanoepointwherewemainâ€" agementactivitiesltwillcostabud- . u H, 7 , minourassetstnkeepthemingood geted$318,000plusanunbudgeted ‘ ‘ a ;; v,- ‘ p z y , ' » ' . " ‘ i aâ€; condition and not let them get too $500,000. “ ‘ ' "' " " “ ‘ ‘ " “ ' " poor.†Councilalsoapprovedtheoorpoâ€" ‘ ‘ 2“ W m m The city started a comprehensive rate asset management report and " "e \ M. In!!!" him â€I'm I." an†asset management plan in 2014 and public engagement strategy it also . M hiredaoonsultanttocreateanana- gnvethegoahadforstafl'todevelop A ., ‘ 519-570-00080nealysflooriog.com lyoealsysternmmls.smflusedtim anassetmanagementstrategylnmn Mon. - Fri. 9m -6m system to create the asset manage- and consider six different funding . » sa_1o;m-4mmsuwy mentplanpresentedtoootmdlsaid sources,includinganinfrastructure Cameron Rapp, commissioner of mlevy. is ~ , ,; i . so: ~ ' é if ' ° » fit, . r ~ f ‘ ' f ‘ f 1‘ f“ 1 a, * ï¬st m 7M. * i â€when »,. ‘ lit {so is 3'fo .~ J " j.“ Pkg; 7}, . f r. it ,"“ ' _ ,. <1 A i £3?“ ' ti . "3"; 7 - .~ . ‘ ï¬g; {2:41 . . ‘ N .- ’ ‘ . 7 v . ‘ . _ . A a; H "(V 32.22“; g in ' v > 1 “w {a m_ , . , . ' 4 f 31" {if . “' - . . A _ - . ~_;-.-.f'},;_, ‘ 5 . f s xi ' 5 A A“ ..~ ‘ . _ f» ., r i. a in t. i, l