Port Coquitlam’s 2020 capital program will not be as expensive as initially thought.
Despite the COVID-19 pandemic, staff said the construction of roads, new playgrounds and other projects is on time and approximately $6 million under budget.
“Most of the savings were achieved because anticipated rehabilitation or preparatory work was not needed for some projects,” the city said in a press release. “Any surplus funds will remain in reserve accounts for future capital projects.”
Port Coquitlam is in the midst of a two-year $52.7 million capital plan — the largest one-time investment in the city’s history, according to staff — focused on upgrades to streets and utilities.
The plan includes 10-km of road construction, lane paving, curbs and gutters along with sidewalks, lighting and speed humps in places like Oxford Street, Kelly Avenue, Hastings Avenue, Broadway Street, Fremont Connector and Cedar Drive.
The city is also working toward completing the 205,000 sq. ft. Port Coquitlam Community Recreation Centre, slated for 2021.
The project is currently in its second phase, with work underway on a third arena, a gymnasium, children’s area, a cafe as well as outdoor plazas.
“These projects make a real difference in people’s lives every day,” said PoCo Coun. Darrel Penner, who is council’s designate for public works. “From the beginning of the pandemic we have recognized our capital program is essential, and have continued to pursue these projects while ensuring safety protocols are met.”