City staff has identified 12 initial projects it wants to spend any upcoming Federal government infrastructure money on.
Leading the way are cleaning up the former IMICO land, new transit buses, a snow disposal facility, reconstruction of Metcalfe Street and upgrades to the main library.
A report on the proposed list goes to before City Council for debate and approval at a special meeting on May 30.
The cost of all the projects being put forth by the city would be $61 million and staff is proposing to finance its $16 million portion of that through $14 million from its reserve funds and just over $2 million through tax-supported debt.
"It is important to note that the city will likely not receive funding for all project submissions," says the report, recommended by Deputy CAO Scott Stewart.
The Federal government made an election promise that it would spend $60 billion on new infrastructure projects over the next 10 years, including $11.9 billion over the first five years. Announcements on that funding are expected soon.
To be ready to apply, the city has identified shovel-ready projects it will be submitting to try and land some of that cash.
The Feds have identified criteria for that initial funding, including enhancing transit infrastructure and remediation existing assets.
Other projects not making the list this go around, but expected to be on the list when Phase 2 of the federal funding comes down, are a south end recreation facility, downtown redevelopment, transit expansion, affordable housing development and the Guelph Innovation District, outlines the report going to council May 30.
Once council approves the priority list for projects staff will prepare business cases for each to be ready for when the Federal funding is announced.
