North Van and West Van taxpayers could face increases of $725 per household annually as project costs balloon.
The budget for the North Shore’s new sewage treatment plant has almost quadrupled in size, Metro Vancouver has revealed – to almost $4 billion.
“We are acutely aware of concerns around how this cost may impact the property taxes and utility rates of residents on the North Shore in particular,” said Metro Vancouver Commissioner Jerry Dobrovolny. The massive ballooning in costs of the project have been the result of both a huge escalation in project costs – including everything from labour to the cost of concrete, pipe and electrical wire – and having to go back and fix “a tremendous number of deficiencies” left by the project’s original contractor, Acciona, said Dobrovolny.
“The reality is, the cost to deliver the program has changed significantly since its initial estimate 13 years ago,” said Dobrovolny. He said the new budget took into consideration the cumulative impacts of inflation, competition for labour, and “the significant work that was needed to address design and construction deficiencies.”
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