City seeks to keep infrastructure in good condition

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The City of Ottawa’s infrastructure funding gap has been reduced in recent years. The City has developed a strategy to maintain its tax-funded infrastructure in a state of good repair by 2027, which requires an additional $70 million annually, on average, according to a report considered and approved today by Finance and Economic Development Committee.

Council approval is being sought in a long-range capital finance report to continue existing debt policies and to extend and expand on funding strategies established in the previous long-range plan. To reduce the pressure of funding increasing each year, approval is also sought for other non-financial strategies, such as getting more data on the state of infrastructure.

Ottawa’s French Language Services Annual Report was received by the Committee. The City continued to improve and expand its French services in 2016. The City received 23 French-language complaints in 2016, all of which were resolved.

The Committee received an update on the City’s economic development strategy. Half of the strategy’s initiatives have either been completed or are underway. The 2017 work plan identifies initiatives that will be transitioned to partners and initiatives that will no longer be pursued. The report recommends aligning with planning and focusing on the knowledge-based business sector, post-secondary institutions, the international community, the health sciences sector, rural business opportunities and creative industries.

Committee approved a $313,466 Brownfield Rehabilitation Grant for 852 Bank Street. Remediation of this site is expected to take approximately two months. The proposed redevelopment is a four-floor mixed-use space, featuring commercial, office space and residential units.

Finance and Economic Development Committee reports will be considered by City Council at its meeting of Wednesday, June 14, 2017.

For more information on City programs and services, visit ottawa.ca or call 3-1-1 (TTY: 613-580-2401). You can also connect with us through Facebook, Twitter and Instagram.

The City of Ottawa’s infrastructure funding gap has been reduced in recent years. The City has developed a strategy to maintain its tax-funded infrastructure in a state of good repair by 2027, which requires an additional $70 million annually, on average, according to a report considered and approved today by Finance and Economic Development Committee.

Council approval is being sought in a long-range capital finance report to continue existing debt policies and to extend and expand on funding strategies established in the previous long-range plan. To reduce the pressure of funding increasing each year, approval is also sought for other non-financial strategies, such as getting more data on the state of infrastructure.

Ottawa’s French Language Services Annual Report was received by the Committee. The City continued to improve and expand its French services in 2016. The City received 23 French-language complaints in 2016, all of which were resolved.

The Committee received an update on the City’s economic development strategy. Half of the strategy’s initiatives have either been completed or are underway. The 2017 work plan identifies initiatives that will be transitioned to partners and initiatives that will no longer be pursued. The report recommends aligning with planning and focusing on the knowledge-based business sector, post-secondary institutions, the international community, the health sciences sector, rural business opportunities and creative industries.

Committee approved a $313,466 Brownfield Rehabilitation Grant for 852 Bank Street. Remediation of this site is expected to take approximately two months. The proposed redevelopment is a four-floor mixed-use space, featuring commercial, office space and residential units.

Finance and Economic Development Committee reports will be considered by City Council at its meeting of Wednesday, June 14, 2017.

For more information on City programs and services, visit ottawa.ca or call 3-1-1 (TTY: 613-580-2401). You can also connect with us through Facebook, Twitter and Instagram.

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