Calgary’s repair bill from June’s record flood rises
Posted Aug 6, 2013 6:53 am.
This article is more than 5 years old.
The damage estimate to city infrastructure following this summer’s battle with high water continues to climb.
Immediately following the flood, the city pegged damage at $256-million, but suggested that figure could double, or maybe even triple.
The Calgary Sun reports, a memo given to the Calgary’s mayor and aldermen now estimates the damage at $400-million.
Alderman Gord Lowe is among those not surprised; Lowe tells the Sun, “virtually all of our infrastructure was stressed by the flood.”
Lowe expects all three levels of government will contribute to cover the cost of repairs, with the city likely being forced to dip into its so called rainy day fund; worth about $300-million.
The province has compiled its own list of flood damaged infrastructure, but has yet to attach a dollar figure.
Officials suggest they don’t want to taint the tendering process as contractors step forward and bid on the various repair projects, ranging from roads and parks to schools and hospitals.