The Town of Creston’s cost for the realignment of the intersection of Highway 3 (Northwest Boulevard) at Pine Street and Railway Boulevard will be $545,000, about 10 per cent of the total cost.
In a report to town council at Tuesday’s regular meeting, engineering director Colin Farynowski said that costs of the project deemed to be of equal benefit to the town and province will be shared equally.
“Roadway, traffic signal and other components” will cost the town about $215,000, he said.
“In addition, components such as water main replacement, landscaping, irrigation and decorative lighting, for the sole benefit of the town, can also be included in the provincial contract,” he said. “These items total $330,000 are to be paid 100 per cent by the town.”
Construction is scheduled for 2014. A motion to authorize the cost-sharing agreement was passed unanimously by the mayor and three councillors in attendance at town council’s final meeting of the year. Couns. Tanya Wall, Judy Gadicke and Scott Veitch were absent.