Widening and repaving of South Lakeside Drive will begin this spring without any long-term borrowing.
In addition to repaving, the merge lane from Hodgson Road will be extended to Pioneer Drive, and a pedestrian/bike lane will be added from Hodgson Road to the Seventh Day Adventist School.
The bulk of the funding for the project comes from the Pavement Management Plan Reserve, the Capital Reserve, and Community Works Funds.
“Council has been planning for this project for a couple of years, saving money so we could do the project without borrowing and adding to the City’s debt,” says Mayor Kerry Cook.
“We’re proud that now, as the result of strategic planning in our budgets, we are able to complete this project and keep spending within our means. Not only will we be able to repair the road surface, but we will be able to increase safety at two key intersections, and add a lane for those on foot and bikes.”
The city has issued an invitation to tender on the project, and it is anticipated construction will begin in June. The City will issue updates on the project as it proceeds.