The city is getting a taste of what the $95 million price tag for Algonquin means. An update from AECOM was released last night, which went over the cost for the project and what needs to be done. That price is broken up over 10 years, with the initial cost for 2016 sitting at $4.5 million.

Project Manager Ted Archuticz says that number includes just the basic work. He says these costs were developed strictly for replacing existing conditions, base work, to replace what’s there now. That’s only for the road way, and there are additional costs for sanitary sewers, storm and water mains. Archuticz says any additional upgrades are going to cost the city much more.

Some additional upgrades the city asked about were pedestrians sidewalks, a median barrier on Rae Hill, burying overhead utilities, and bike lanes. Adding those into the project is going to cost another $49 million.

The project has not been given the green light yet, as the city is waiting to hear if the province will kick in any money. They are expected to announce the recipients of the Connecting Link funding pot at the end of March. That fund is sitting at $30 million.

Another update from AECOM is coming in May. In the meantime, there is going to be a public consultation on the project on March 8th. It’s will be at the Mac at 4:00pm.