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>NEWSROOM>PRESS RELEASE

PRESS RELEASE


For Release - June 5, 2009

$100 MILLION FOR LONDON

CANADA - ONTARIO - LONDON PARTNERSHIP CREATES JOBS

June 5, 2009 - Residents of London will immediately benefit from federal and provincial infrastructure funding of almost $100 million as announced today by Member of Parliament Ed Holder and Member of Provincial Parliament Khalil Ramal.  MPs Joe Preston, Glen Pearson and Irene Mathyssen and MPP Chris Bentley were also in attendance for the large Infrastructure Stimulus Funding announcement. 

The 42 project funding announcements (see attached list) are great example of all three governments’ commitment to stimulating the Ontario economy through the creation of jobs in our communities through local road infrastructure, wastewater infrastructure, municipal buildings, parks and trails.

These projects will improve transportation efficiency, support a healthier environment and enhance local facilities and services while creating local jobs.  They will address immediate needs as well as provide for legacy projects which will benefit Londoners for years to come.  The projects will improve our communities and our business competitiveness.

“Under the leadership of Prime Minister Stephen Harper, and through the work of local MPs, our Government is getting shovels in the ground and flowing money faster to stimulate the economy and create jobs for Londoners,” said MP Ed Holder. “Thanks to the strong relationship between all governments, we are working together to help London’s economy.”

“Under the leadership of Premier Dalton McGuinty, Ontario is leading the way,” said MPP Khalil Ramal.   “We are creating jobs and the decisions announced today will soon lead to improved transportation and enhanced facilities and services in our community. Our governments are working together to modernize infrastructure - creating a competitive advantage that attracts business and strengthens our economy today and into the future.  The impact of this money will be felt today and for many years to come.”

London Mayor Ann Marie DeCicco-Best said, “We thank the other levels of government for partnering with the City of London on these projects, and are thrilled that the bulk of the projects we put forward were approved for funding. Combined with the gas tax funding and several other provincial and federal funding programs, this represents a huge investment in jobs and will boost our local economy.”

These investments in jobs total almost $100 million for London. The governments of Canada and Ontario will jointly invest up to $64,605,990 in the projects. The City of London will contribute the balance of the total eligible project cost of up to $30,329,010 bringing the total funding package to $96,910,000 over two years.

The announcements today are part of many taking place across the province and their combined economic impact will be immediate.  Projects receiving funding must be substantially completed by Spring 2011.

-30-

 

Project Category (Assessed)

Project Name

Total Eligible Costs

Total Proposed Federal ISF

Total Proposed Provincial

Total Proposed Municipal

Wastewater Infrastructure

Innovation Industrial Park - Phase 3

$14,100,000

$4,700,000

$4,700,000

$4,700,000

Local Road Infrastructure

Hale & Trafalgar Street Overpass

$11,850,000

$3,950,000

$3,950,000

$1,975,000

Public Transit Infrastructure

Transit Building Life Cycle Repairs

$7,080,000

$2,360,000

$2,360,000

$2,360,000

Wastewater Infrastructure

Skyway Industrial Park - Phase 2

$6,350,000

$2,116,666

$2,116,666

$2,116,668

Municipal Buildings

City Hall Building Improvements

$4,700,000

$1,566,667

$1,566,667

$1,566,666

Wastewater Infrastructure

Old South Combined Sewer Overflow Project-Wellington Road Area-Trevithen/Alexandra/Whetter

$4,000,000

$1,333,333

$1,333,333

$1,333,334

Wastewater Infrastructure

Old South Storm Sewer Installation/Sanitary Sewer Replacement

$3,300,000

$1,100,000

$1,100,000

$1,100,000

Local Road Infrastructure

Dundas Street Gateway

$3,000,000

$1,000,000

$1,000,000

$1,000,000

Municipal Buildings

Oxford - New Operations Facility

$2,804,000

$934,666

$934,666

$934,668

Local Road Infrastructure

Wellington Road Gateway

$2,700,000

$900,000

$900,000

$900,000

Wastewater Infrastructure

Lifecycle Repairs to Sewer System - Old North/Downtown

$2,600,000

$866,667

$866,667

$866,666

Wastewater Infrastructure

Old East London Storm Sewer Installation and Sanitary Sewer Replacement

$2,500,000

$833,333

$833,333

$833,334

Wastewater Infrastructure

Lifecycle Repairs to Sewer System-Old East London

$2,200,000

$733,333

$733,333

$733,334

Parks and Trails

Kiwanis Park - Improve Park Amenities

$2,050,000

$683,333

$683,333

$683,334

Wastewater Infrastructure

Lifecycle Repairs to Sewer System - Old South London

$2,000,000

$666,667

$666,667

$666,666

Local Road Infrastructure

Highbury Bride Rehabilitation

$2,000,000

$666,667

$666,667

$666,666

Local Road Infrastructure

Quebec Street Overpass Rehabilitation

$2,000,000

$666,667

$666,667

$666,666

Municipal Buildings

Carling Heights - Rehabilitate Facility

$1,700,000

$566,666

$566,666

$566,668

Wastewater Infrastructure

South London - Eden Avenue Storm Sewer Installation

$1,600,000

$533,333

$533,333

$533,334

Parks and Trails

Thames Valley Parkway - North Branch

$1,500,000

$500,000

$500,000

$500,000

Wastewater Infrastructure

Bathurst Street Sanitary Sewer Replacement

$1,500,000

$500,000

$500,000

$500,000

Parks and Trails

Oakridge Optimist Park - Improve Park Amenities

$1,461,000

$487,000

$487,000

$487,000

Parks and Trails

Thames Valley Parkway - Main Branch

$1,350,000

$450,000

$450,000

$450,000

Municipal Buildings

Byron Community Centre - Rehabilitate Facility

$1,296,000

$432,000

$432,000

$432,000

Wastewater Infrastructure

Lifecycle Repairs to Sewer System - South London

$1,200,000

$400,000

$400,000

$400,000

Municipal Buildings

Boyle Community Centre - Rehabilitate Facility

$1,200,000

$400,000

$400,000

$400,000

Parks and Trails

Ed Blake Park - New Park Features

$1,175,000

$391,666

$391,666

$391,668

Wastewater Infrastructure

Walnut/Kensington Area Sanitary and Storm Sewer Replacement

$1,100,000

$366,667

$366,667

$366,666

Parks and Trails

Medway Park - Improve Park Amenities

$950,000

$316,666

$316,666

$316,668

Municipal Buildings

Carling Arena - Replace Roof and Compressors

$720,000

$240,000

$240,000

$240,000

Municipal Buildings

AJ Tyler Operations Centre - Building Improvements

$719,000

$239,666

$239,666

$239,668

Local Road Infrastructure

Veterans Memorial Parkway

$700,000

$233,000

$233,000

$234,000

Municipal Buildings

Fire Hall No. 10 - Building Improvements

$675,000

$225,000

$225,000

$225,000

Municipal Buildings

Farquharson Arena - Roof Replacement

$630,000

$210,000

$210,000

$210,000

Municipal Buildings

Fire Hall No. 9 - Building Improvements

$550,000

$183,333

$183,333

$183,334

Parks and Trails

Basil Grover Park - Improve Park Amenities

$450,000

$150,000

$150,000

$150,000

Municipal Buildings

Library Branch Rehabilitation

$400,000

$133,333

$133,333

$133,334

Parks and Trails

Piccadilly Park - Improve Park Amenities

$350,000

$116,667

$116,667

$116,666

Municipal Buildings

Nichols Arena - Replace Arena Lights

$150,000

$50,000

$50,000

$50,000

Municipal Buildings

Argyle Arena Lighting Upgrade

$100,000

$33,333

$33,333

$33,334

Municipal Buildings

Kinsmen Arena - Replace Arena Lights

$100,000

$33,333

$33,333

$33,334

Municipal Buildings

Stronach Arena - Replace Arena Lights

$100,000

$33,333

$33,333

$33,334

TOTALS

 

$96,910,000

$32,302,995

$32,302,995

$30,329,010

 


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