Funding Announced for Roadwork in Glovertown
The Town of Glovertown will receive $400,000 to upgrade and recap existing pavement on Main Street North through the 2008-09 Municipal Capital Works (MCW) program.
"The Williams Government is committed to ensuring that municipalities have access to safe and reliable infrastructure," said the Honourable Dave Denine, Minister of Municipal Affairs. "I am pleased that this funding will be used to improve an important local road for Glovertown residents."
The MCW program fosters the development of cost-shared projects in a wide range of municipal infrastructure, including water and waste-water treatment, roads, recreational facilities and fire equipment.
Minister Denine recently announced that through the 2008-09 MCW program, $61.2 million will be spent on many infrastructure improvement projects province-wide. Under the program, the Provincial Government will contribute $32.4 million; the Federal Government will contribute $12 million and the municipalities will contribute $14.1 million. Towns will also utilize the Federal GST rebate as part of the capital cost.
"Investments in road work are essential to our communities throughout Newfoundland and Labrador," said the Honourable Paul Oram, MHA for Terra Nova district. "Our government strives to ensure that our residents have safe and secure roads on which to travel and I am very pleased with today�s announcement."
Recently, changes to the cost-share ratios for municipalities were announced. These changes state that towns with populations under 3,000 now have to contribute only 10 per cent toward the cost of capital infrastructure. Towns with populations between 3,000 and 7,000 contribute 20 per cent and the largest cities and towns with populations over 7,000 contribute 30 per cent.
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2008 08 22 10:50 a.m.
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