City Council allocates $8.2 million in stimulus funds for capital projects
Grande Prairie City Council has allocated $8.2 million it has received as part of the Municipal Stimulus Program. The money will go towards five capital construction projects around the Swan City.
The funding, which comes from a $1.1 billion joint federal-provincial program announced back in July, will go towards projects that were chosen to meet the program’s criteria. That criteria included that the projects cannot increase municipal taxes, have not been previously approved, and will be fully expended by December 31, 2021. The City also maximized the number of projects allowed under the funding, which caps at five.
Mayor Bill Given says he and Council are grateful for the financial support received from this program, which he adds comes at a crucial time amid COVID-19.
“We know that this is a great way to stimulate the overall economic activity, both locally in Grande Prairie, but also nationally,” said Given. “The fact that the federal and provincial governments came through with this funding is something that we are very thankful for.”