On Monday December 14, a Notice of Motion will be presented to Council that will take the City of Calgary's funding commitment for the Green Line LRT to the next level. In 2013 City Council voted 8-7 to commit $52M over a 10 year period to the Green Line LRT. This Notice of Motion would see this funding commitment extended to 30 years for a total of $1.52B.
"We have an opportunity to leverage our dollars to get this important and essential project moving forward. This would give us one-third to match the federal commitment and the expected provincial contribution. There will be no better time to take advantage of the availability of contruction capacity, equipment and trade workers. As projections show, population growth along this new line will go from 340,000 to 560,000 over the next 30 years. There is a clear sense of urgency to get started."
It is estimated that the full project cost for the Green Line LRT is $4.6B. On July 24, 2015 the Government of Canada announced that they would fund one third of the project costs up to $1.53B. The Provincial Government has yet to announce funding for the Green Line LRT, but productive conversations between the City of Calgary and the Government of Alberta are ongoing.
This content represents the personal views and opinions of the Ward Councillor and should not be taken as a statement of policy of The City of Calgary. The inclusion of any external content does not imply endorsement by The City of Calgary.