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Council gives borrowing bylaw green light

Council has approved debenture borrowing in the amount of roughly $1.3 million for the Main Avenue West project’s second phase.
Main Avenue project
The first phase of the Main Avenue West project was largely completed last year, with the second phase expected to be underway by early August after council recently approved a bylaw for debenture borrowing to the tune of $1.3 million to help cover the cost of the $2.1-million project.

Council has approved debenture borrowing in the amount of roughly $1.3 million for the Main Avenue West project’s second phase.

Chris Albert, director of corporate services, reminded council during the May 27 meeting that the bylaw had been given first reading back in April, and that administration was seeking second and third readings.

Following the mandatory advertising period, Albert said no responses, concerns or petitions had been submitted in opposition.

During the meeting in April, Albert had briefly outlined the background for the bylaw’s first reading.

“The debenture borrowing will be in the amount of $1,307,200,” he told council, adding construction will begin before the draw date of Sept. 16.

“This is strictly for cash flow purposes,” he said.

Council unanimously carried a motion at the time to give first reading to the bylaw authorizing the municipality to incur indebtedness by the issuance of a debenture in the amount of about $1.3 million for the Main Avenue West upgrade.

The first phase was completed last year.

Albert said the total budget for the second phase of the Main Avenue upgrade project is a little more than $2.1 million, with about $400,000 coming from a restricted surplus as well as another roughly $430,000 of Municipal Sustainability Initiative capital grant funding being used.

“Tender notification has recently gone out and we will be working with our engineering firm over the next few weeks to make a contractor selection,” Albert wrote last week in an email.

Construction is expected to start early in August. The scope of the project involves extending the underground water lines from the first phase, but not sewer as that was only designed in the first phase to facilitate future extension underneath Highway 27 to the north side, he said.

“The curb and gutter, as well as decorative lighting elements of Phase 1 from 10th Street to 7th Street, will be continued. In addition, the regional pathway from Tim Hortons to Corner Brook will be completed and paved with a boardwalk added alongside of Highway 27 at Prairie Creek and Corner Brook to allow pathway connectivity.”

Furthermore, an oil and grit separator will be installed underneath 6th Street to minimize material entering the creek through drainage, he said.

Although the majority of the work is expected to be completed this year, a final top lift of asphalt will be added next year, he said.

“Landscaping will be incorporated into the final project along the pathway from Tim’s to Corner Brook, but it is not anticipated to be put in until early next year once all the construction elements are complete.”

But if time permits, some preliminary features might begin this year, he said.

Jim Hall, Sundre’s operations manager, said the water pipeline extension will connect the water looping system that was installed last year to completely loop the municipality’s southwest district. Council was to consider during last night’s meeting requests for proposals on the tender. Stay tuned for that update.


Simon Ducatel

About the Author: Simon Ducatel

Simon Ducatel joined Mountain View Publishing in 2015 after working for the Vulcan Advocate since 2007, and graduated among the top of his class from the Southern Alberta Institute of Technology's journalism program in 2006.
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