The City of London is getting a substantial financial boost from the federal government for a number of infrastructure projects.
This year, the city will receive $22.26-million through the federal Gas Tax Fund (GTF), with some of the funds being allocated to three important local infrastructure projects.
"This is city building," said London Mayor Matt Brown in news release. "The ongoing investment in our city through gas tax funds allows us to ensure our infrastructure, transit system and services are sustainable and accessible for all. This partnership is vital to our success as a city."
Over $4-million will be used for for the rehabilitation of Veterans Memorial Pkwy., another $5-million will go towards water and sewer replacement projects on Dundas St. to be followed by road and sidewalk work, and $2.5-million more will be used in the installation of new water, road and pedestrian infrastructure on Byron Baseline.
"The resurfacing of Veterans Memorial Pkwy. and the reconstruction projects that are underway on Byron Baseline Rd. and Dundas St. will help improve connectivity, support economic growth and provide improved water infrastructure for the residents of London," said Kate Young, MP for London West.
The remaining funds will be used now and in the future for major bridge repair, landfill expansion, energy management improvements to facilities, bicycle lanes and Thames Valley Pkwy. improvements, bus purchase replacements, and watermain rehabilitation/replacements.
"Today's investment is an example of why federal-municipal cooperation is so vital. At its most basic level, infrastructure investment helps to ensure a community's well-being," said Peter Fragiskatos, MP for London North Centre. "I'm proud that both levels of government continue to recognize this fact and have worked together to realize an important outcome for our city."
In total, Ontario’s municipal governments will be provided with over $782.1-million this year through GTF funding, to support hundreds of infrastructure projects.
