File #: TMP-34038    Version: Name:
Type: Presentation - AC/RC Status: Received
File created: 4/28/2025 In control: Infrastructure and Community Investment Committee
On agenda: 5/14/2025 Final action: 5/14/2025
Title: PRESENTATION CONCERNING 2025 ASSET MANAGEMENT PLAN UPDATE Scott Drewette, Senior Asset Management Plan Program Coordinator provided a presentation concerning the 2025 City-Wide Asset Management Plan. Mr. Drewette discussed slides concerning the following topics: * Rationale for Asset Management and Asset Management Planning; * Regulatory requirements related to Asset Management Planning for Municipal Infrastructure; * 2025 Asset Management Plan proposed levels of service; * The City's assets and current replacement value; * Condition of the City's Assets; * Current and proposed level of service and performance; * Investments needed to meet the proposed level of service; * The City's assets and managing their risks; * Summary of the City's Asset Management Plan; and * Next steps and future work on Asset Management. Members of Committee and Council asked a number of questions of City staff and received responses.
Attachments: 1. Presentation 2025 Asset Management Plan Update 250514

Title

PRESENTATION CONCERNING 2025 ASSET MANAGEMENT PLAN UPDATE

 

Scott Drewette, Senior Asset Management Plan Program Coordinator provided a presentation concerning the 2025 City-Wide Asset Management Plan.

 

Mr. Drewette discussed slides concerning the following topics:

 

•                     Rationale for Asset Management and Asset Management Planning;

•                     Regulatory requirements related to Asset Management Planning for Municipal Infrastructure;

•                     2025 Asset Management Plan proposed levels of service;

•                     The City’s assets and current replacement value;

•                     Condition of the City’s Assets;

•                     Current and proposed level of service and performance;

•                     Investments needed to meet the proposed level of service;

•                     The City’s assets and managing their risks;

•                     Summary of the City’s Asset Management Plan; and

•                     Next steps and future work on Asset Management.

 

Members of Committee and Council asked a number of questions of City staff and received responses.