December 12, 2011

CITY OF LONDON

A view of the City of London, Ontario at the forks of the Thames River. City staff have submitted a proposed tax-supported budget to Council, which includes $109.8 million on main road rehabilitation and $45.4 million on heavy equipment purchases over ten years.

London, Ontario council receives draft budget, including $72 million in recreation centre construction

Staff with the city of London, Ontario submitted a proposed tax-supported budget to Council this week, which includes $109.8 million on main road rehabilitation and $45.4 million on heavy equipment purchases over ten years.

Council is scheduled to vote on the budget Feb. 21, after a series of meetings, including public participation and council committees.

The proposed 2012 tax-supported capital plan, presented Monday, includes $93.749 million in expenditures for 2012, including $38.501 million on transportation services.

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The proposed capital budget for the next 10 years includes $109.8 million on main road rehabilitation, including Wonderland Road, Horton Street and Commissioners Road in 2012.

Other major capital expenditures for 2012-21 include:

• $54.9 million on reconstructing local streets, including replacement of curbs and gutters;

•$45.4 million to replace heavy equipment for the city, including trucks, loaders, packers, street flushers and tractors;

•$38 million on a recreation centre scheduled for completion in 2018;

•$34 million on a recreation centre scheduled for completion in 2014;

•$30.2 million for life-cycle renewal projects for community centres, including pools and arenas;

•$27.4 million on replacement of street lights;

•$21.9 million to widen Southdale Road from Wellington Road to Pond Mills Road, a project scheduled for completion in 2019;

•$20.4 million to widen Bradley Avenue from Dearness Drive to Pond Mills Road, a project scheduled for completion by 2017;

•$14.9 million to widen Hyde Park Road from Oxford Street to the Canadian Pacific Railway track, scheduled for completion in 2014; and

•$12.9 million to widen Hyde Park Road from the CP Rail to Fanshawe Park Road, scheduled for completion in 2015.

Digital Media Editor's Note:

Daily Commercial News subscribers may view more information on City of London Projects by viewing company ID 239701 in Reed Construction Data Canada Building Reports.

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Building Reports are published daily in the Daily Commercial News. The Daily Top 10 Construction projects can be viewed online free of charge at the Reed Construction Data Canada Building Reports web page.

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