Sault Ste. Marie invests federal Gas Tax Funding into various projects
Wednesday, March 31, 2021
The City of Sault Ste. Marie has allocated money from the federal Gas Tax Fund to the reconstruction of Sixth Avenue, the reconstruction of the Farwell Terrace aqueduct and the Northern Avenue Resurfacing projects.
With support from the Gas Tax Fund, the City will provide a complete reconstruction of Sixth Avenue as well as resurfacing of Northern Avenue. This includes converting a four-lane road to a three-lane road with one lane in each direction, a shared center turn lane and painted bicycle lanes beside the curbs.
The total project cost for all three projects is over $3.9 million with approximately $2.5 million allocated from the federal Gas Tax Fund.
“The federal Gas Tax Fund has provided the City with significant financial aid for various projects throughout the year,” said Shelley Schell, Chief Financial Officer & Treasurer. “We are very appreciative of the support for these projects and it is helping to create a better community.”
Progress on the 2020 projects has been very good, with anticipated completion date scheduled for early 2021.
The federal Gas Tax Fund is a permanent source of funding for municipal infrastructure. It is predictable, long-term and stable, and is helping Ontario’s municipal governments address a massive, province-wide infrastructure deficit while improving environmental sustainability and creating jobs and economic growth. The Association of Municipalities of Ontario (AMO) administers the Fund to all municipalities in Ontario, except for the City of Toronto.