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CE-FIN-2025-006 #
Recommendation: Funding for the Val-Tétreau – Phase 2 Project
The Executive Committee recommends re-prioritizing the Val-Tétreau Phase 2 project to shift its funding focus from water and sewer infrastructure to affordable housing. This adjustment ensures the project remains on track for construction in 2027-2028 while utilizing previously allocated funding from the 2023 PIVM (Municipal Housing Investment Program).
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Recommendation: CE-FIN-2025-006

Considering that:

  • Funding was granted to the Val-Tétreau – Phase 2 project in the 2024 PIVM for $4,800,000 and in the 2025 PIVM for $5,820,000;
  • The project is not scheduled for completion before 2027 or 2028, so this will not affect the implementation timelines;
  • The project can continue in the planning and design phase since funding was granted in the 2023 PIVM.

The Executive Committee recommends proceeding with funding option 2, which involves re-prioritizing the Val-Tétreau – Phase 2 project and modifying the nature of the project amounts originally funded by the 2024 and 2025 PIVM from water and sewer works to affordable housing.

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