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3 Kelowna councillors vote against 10-year capital plan

The plan proposes spending $2.57B over the next 10 years
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Kelowna council chambers (Black Press file photo)

Concerns over potential debt, a parkade for Pandosy Street and budgets prompted three councillors to vote against the city91裸聊视频檚 10-Year Capital Plan.

It proposes spending $2.57 billion over the next ten years on infrastructure to support growth, improve services, and renew existing assets. Financial Services Director Joe Sass told council at its Sept. 9 meeting that council nor the public will be asked to approve any debt this year or next. 

91裸聊视频淟ikely not until 2028-2029, assuming we deliver 100 per cent of this plan, we would be talking about maintaining the pace of the plan and debt that would be required to do that.91裸聊视频 

Councillor Gord Lovegrove was still concerned funds would need to be borrowed five years out.

91裸聊视频淩ight around the time we91裸聊视频檙e going to need to worry about other transit and active transportation corridor needs,91裸聊视频 he said. 91裸聊视频淭hat91裸聊视频檚 going to be where the squeeze comes in.91裸聊视频

A parkade for South Pandosy, estimated at $15 million, was a concern for Coun. Loyal Wooldridge, who asked staff if the project was fully costed.

91裸聊视频淥r are we going to expect in the capital plan next year that comes back at $35 million? We have this new parkade, to me, being added to the plan that we haven91裸聊视频檛 discussed and we don91裸聊视频檛 have a design for or a fund development for.91裸聊视频

Parking Services Manager Dave Duncan told council a design process for the parkade will be done over the next year.

91裸聊视频淥ur hope is we can look at some sort of partnership or mixed-use facility and combine it with something other than a stand-alone parkade.91裸聊视频

Coun. Ron Cannan pointed out that funding projects in the 10-Year Capital Plan are based on a five year budget.

91裸聊视频淚 have a different vision for the city and have real concerns for the present plan and couldn91裸聊视频檛 in good conscience support the proposed 10-Year Capital Plan.91裸聊视频

Mayor Tom Dyas noted the capital plan comes back to council every year and that debt can be used to the city91裸聊视频檚 advantage.

91裸聊视频淭he idea of being able to borrow to some degree on debt is a good thing,91裸聊视频 he said. 91裸聊视频淚t allows us to advance projects at a cost that would be substantially less than waiting.91裸聊视频

It91裸聊视频檚 basically a major plan and overview of infrastructure to advance items, Dyas added.

Council voted to approve the 10-Year Capital Plan with Wooldridge, Lovegrove and Cannan opposed.



Gary Barnes

About the Author: Gary Barnes

Journalist and broadcaster for three decades.
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