2016-2020_Financial_Plan_Web

Ranked Capital Projects

NORTH SURREY ARENA REPLACEMENT $45,500,000

The North Surrey Arena contains 2 sheets of ice; one of the sheets was built in 1966 and is at the end of its useful life. To ensure that the users of that arena are not displaced due to a facility failure, it is necessary to plan and build a new twin sheet replacement prior to closing the existing arena. The 2016 contribution to this multi-year project is $25,500,000.

OPERATING IMPACT: The 2016 – 2020 Financial Plan includes a net addition of $50,000 for operating costs to address expected increases in facility programming costs.

PERFORMING ARTS SPACE FEASIBILITY AND LAND ACQUISITION $10,750,000

To further complement the existing Surrey Arts Centre’s 400 seat theatre and City Hall’s Centre Stage 200 seat theatre, a new performing arts space is planned in the City. Given the City’s growth and large geographic area, there is a demand for additional performing arts space. The 2016 contribution to this multi-year project is $250,000.

OPERATING IMPACT: The operating budget requirements will be defined as a component of the feasibility study.

RCMP DISTRICT OFFICE RELOCATION $200,000

Over the course of the next several years, many of the RCMP District Office leases will expire, including the Newton location in 2016. Funds are being set aside to address potential relocations that will improve the benefits that these offices have on the community. OPERATING IMPACT: The 2016 – 2020 Financial Plan does not include additional operating costs as all costs associated with the implementation and delivery of this program are included within the allocated funding.

RCMP FRONT COUNTER ENHANCEMENTS $791,000

Due to new security regulations established by RCMP, the lobby entrance is being expanded to accommodate improved reception protection at the main detachment. An air lock vestibule is also being added for improved comfort. The 2016 contribution to this multi-year project is $391,000. OPERATING IMPACT: The 2016 – 2020 Financial Plan does not include additional operating costs as all costs associated with the implementation and delivery of this program are included within the allocated funding .

2016-2020 FINANCIAL PLAN

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