Project Summary: Information signs – three locations
A discretionary project summary for increasing public awareness of park locations and amenities through signs.
Project Summary
Financial Plan 2018 – 2022
Project Name: Information signs – three locations Project Number: 2-2-11106-310 CC1073 / 1-2-07250-580 Priority: Discretionary Submitted by: John Rosenberg, Director of Engineering
Executive Summary
An economic development project combining business advertising with park locations and directions for people in three strategic locations throughout View Royal.
Business problem and opportunity
n/a
Proposed project objectives
To increase awareness for public park locations and amenities.
Business risks
n/a
Proposed sources of funding
- Capital: Casino revenue
- Operational: Taxation
Note: Potential revenue generated from the sale of advertising space would reduce funding required from taxation.
Costs and benefits
| Costs | FY1 | FY2 | FY3 | FY4 | FY5 | 5-year Total |
|---|---|---|---|---|---|---|
| Capital | 11,000 | 11,000 | ||||
| Operational | 300 | 300 | 300 | 300 | 1,200 | |
| Total | 11,000 | 300 | 300 | 300 | 300 | 12,200 |
Benefits
- Tangible:
- Intangible:
Recommendation
THAT the Committee recommend the 2018-2022 Financial Plan include the information signs – three locations project with capital costs to be funded by Casino revenue and ongoing maintenance funded by taxation.