Project Summary: Traffic Signal Renewal Program
A recurring program to replace end-of-life traffic signal equipment to ensure reliable traffic control services.
Project Summary
Priority: Required
Public Engagement: Inform
Project Name: Traffic Signal Renewal Program
Project Number: 2-2-11105-310 CC1294
Financial Plan: 2025 – 2029
Submitted by: Ben Lubberts
Director: Ivan Leung, Transportation Services
Executive Summary
The Town’s Traffic Signal Renewal Program aims to replace end-of-life traffic signal equipment to ensure reliable service delivery at signalized intersections. This proactive investment will help manage risks, control operational costs, and maintain dependable traffic control.
Business problem and opportunity
The condition of the Town’s traffic signal equipment is routinely assessed by certified professionals and the resulting recommendations inform staff’s asset management activities. Eight traffic signal cabinets and their controllers are nearing end-of-life and this renewal program recommends the replacement of equipment at one traffic signal each year until all are updated (completion in 2032). Staff continue to monitor equipment performance and may adjust the prioritization of each replacement accordingly.
Proposed project objectives
The proposed objective is to ensure reliable and sustainable traffic control services at signalized intersections by replacing equipment nearing end-of-life.
Business risks
Failure to implement this project will result in signal equipment surpassing end-of-life, leading to increased risk of failure, increased operational costs, and unreliable service delivery.
Proposed sources of funding
- Capital Renewal Reserve: 2-1-00500-186
- Operations: None Required
Costs and benefits
| Costs | FY1 | FY2 | FY3 | FY4 | FY5 | 5-year Total |
|---|---|---|---|---|---|---|
| Capital | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 350,000 |
| Operational | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 70,000 | 70,000 | 70,000 | 70,000 | 70,000 | 350,000 |
| Benefits | Description |
|---|---|
| Tangible | Reliable traffic control at signalized intersections. |
| Intangible | Public perception of responsible asset management. |
Recommendation
THAT the Committee recommend the 2025-2029 Financial Plan include Traffic Signal Renewal Program in 20__ to be funded by <funding source>.