Thursday, September 24, 2009

GOVERNMENTS PARTNER TO CREATE JOBS, STIMULATE ECONOMY

Name of Applicant / Project Title

Total Eligible Costs

Federal Share

Provincial Share

Local Share



Vernon, City

34 Street Improvements

$3,146,745

$1,048,915

$1,048,915

$1,048,915


Coldstream, District

Grid Road Connection to Highway 97

$6,921,418

$2,307,139

$2,307,139

$2,307,140


Lumby - Water Supply - Stage 3

$600,848

$200,283

$200,283

$200,283


GOVERNMENTS PARTNER TO CREATE JOBS, STIMULATE ECONOMY
174 B.C. infrastructure projects to be funded

VANCOUVER – Premier Gordon Campbell and Jay Hill, Member of Parliament for Prince George – Peace River and Leader of the Government in the House of Commons, today announced 174 new infrastructure projects valued at over $719 million to help communities throughout British Columbia meet their pressing infrastructure needs, help stimulate the economy, create jobs and support continued economic growth.“We are leveraging every dollar available to create literally thousands of jobs throughout every region of the province and building our communities so they are strong and competitive as we emerge from this economic downturn,” said Premier Campbell. “The investments we’ve made since launching the Economic Action Plan have already created an estimated 21,600 jobs. Today’s announcement will create about 4,600 more jobs and is the next step in our ongoing, three-year job creation strategy to build confidence and keep British Columbians working.”

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It took seven months, but B-C and Ottawa have finally signed a deal that will see more than 700 million dollars in stimulus spending on public works projects in the province.Eleven million dollars worth of North Okanagan infrastructure projects have got the green light to proceed.

Vernon Monashee MLA Eric Foster made the announcements today.The biggest project is a new $6.9 million grid road in Coldstream. Coldstream's administrator Mike Stamhughes says the project has been on the books for about 20 years and will connect Kalamalka Road near Husband Road with the highway."It would go up through the area of Crown land on the east side of the seed orchard and then in between the seed orchard and the Sage Point subdivison, connecting to College Drive where the hairpin turn is, just before it goes into Kickwillie Loop. In effect it provides a much improved connection between 90 percent of Coldstream and Highway 97." Stamhughes says as part of the grant, the project has to be finished by March 2011 with designs currently underway. He says the District has been "squirreling" away funds for years and has its share of the project in place. Stamhughes says a big part of the cost is for a bridge over Vernon Creek and an underpass for the railway tracks.

A separate bike and pedestrian pathway alongside will cost another $1.7.

Foster says the other projects include three million dollars worth of improvements to 34th Street in Vernon and more than $680,000 for stage three water supply in Lumby.

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