Vancouverites provide City with permission to borrow $300 million for capital plan

Oct 24 2018, 10:52 pm

The ballot for the 2018 Vancouver civic election also included three questions asking residents whether they approve the municipal government’s plan to borrow a total of about $300 million to finance a four-year capital investment plan to improve the city’s infrastructure.

Voters overwhelmingly approved each of the borrowing measures, according to the official election results released today by the City of Vancouver.

Most of the funding will be spent on new and improved transportation infrastructure and the renewal of a number of community facilities, such as community centres, pools, rinks, libraries, affordable housing, fire halls, and maintenance sites.

Here is how Vancouverites voted and a full breakdown of how the funding will be spent:

1. Transportation and technology

  • Voter approval
    • Yes: 118,344
    • No: 40,178
  • Budget and program
    • $47.43 million: Street and bridge infrastructure, including enhancing arterial networks, sidewalks, greenways, bike lanes, and repairs to the Granville Street Bridge
    • $42.92 million: Traffic signals and street lighting, including replacements for signals and lighting that can no longer be repaired
    • $10 million: Renewal and enhancement of Vancouver’s information technology systems, such as data centres and servers

2. Capital maintenance and renovation programs for existing community facilities, civic facilities, and parks

  • Voter approval
    • Yes: 121,453
    • No: 36,843
  • Budget and program
    • $59.175 million: Maintenance of community and civic facilities, such as replacement of roofs, windows, elevators, heating and ventilation, electrical, and plumbing
    • $23.975 million: Renovations of community and civic facilities, including upgrades to community spaces, wheelchair access, energy conservation, and hazardous materials removal
    • $16.4 million: Maintenance and renovation of parks, including existing parks, park buildings, seawall, pathways, playgrounds, playfields, and sport courts

3. Replacement of existing community facilities and civic facilities

  • Voter approval
    • Yes: 108,545
    • No: 49,388
  • Budget and program
    • $62.84 million: New community facilities, including the renewal of Marpole-Oakridge Community Centre, Marpole Library, City Archives, and other projects like Britannia Community Centre, Ray-Cam Community Centre, and the West End Community Centre
    • $37.25 million: Civic facilities, including the replacement or renewal of the Sunset Service Yard, seismic upgrade of Kitsilano Fire Hall, and other projects like the Manitoba Service Yard
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