Asset Management Plan (AMP)
On June 26, 2019, Council approved Asset Management Policy 001-13-2019 (AMP) which outlines the goals and objectives of providing the best possible service to residents in a consistent and responsible way that supports a sustainable community. Approving this Policy was the first step in achieving compliance with the requirements of Ontario Regulation 588/17 (O. Reg. 588/17) made under the Infrastructure for Jobs and Prosperity Act, 2015, which defines the legislated deliverables and timeline related to Asset Management Planning for Municipal Infrastructure.
The next step required by O. Reg. 588/17 is the preparation of a Council-approved AMP to be completed in three phases:
- Phase I, to be completed by July 1, 2022, requires information about the Town’s core infrastructure assets, which include water, wastewater, stormwater, roads, bridges, and structural culverts.
- Phase II, to be completed by July 1, 2024, expands upon Phase I, to include non-core assets such as facilities, fleet, parks, and recreation equipment and road signs.
- Phase III, to be completed by July 1, 2025, expands upon Phase II and requires further details about future levels of service and financial plans to deliver these.
In compliance with the Phase I requirement, the Town’s 2022 AMP is comprised of individual documents, provided here as Attachments 1 to 4, covering the following asset categories:
- Transportation Network (includes roads, bridges, structural culverts, and sidewalks)
- Stormwater Network
- Water Network
- Wastewater Network
The Water Network and Wastewater Network AMPs have been reviewed by the Board of InnServices Utility Inc. and were approved at the Board Meeting held on May 19, 2022.