Town may seek federal funding for Cortel campus
Innisfil council could be asking the Canadian government to help offset the cost of of a proposed hospital and centre of excellence.
A town committee has agreed to consider apply for infrastructure funding for Cortel Group's proposed campus node — which would include a Royal Victoria Hospital satellite campus, health science facility and centre of excellence — through the federal Build Canada Fund, during a recent meeting.
Under the proposal, the town could file an application for funding of several infrastructure related projects related to the hospital, like municipal water and sanitary service expansions, stormwater management upgrades and road improvements.
"Cortel Group has requested that council support including the infrastructure needs of the proposal in any BCF grant application," said planning and development director Rob McAuley. "Staff have had the opportunity to do a high level consideration of the proposal and its needs. No formal applications have been filed for the proposal. As a result, detailed and technical information is incomplete at this time. Nonetheless, staff have identified a number of tasks that must be undertaken to bring this proposal to fruition."
Cortel representatives say the 105-acre stretch of land, which is located on the 6th Line, west of Yonge Street, is part of long-term development plans for the area.
Those plans include the development of employment lands along Highway 400, expansion of the Lakeshore Waste Water Treatment Plant and the construction of a heritage village — complete with boutiques, restaurants and offices — near the 6th Line and 20th Sideroad intersection.
Upgrades to the treatment plant would also include new sewer infrastructure along the 6th, and the implementation of a Master Drainage Plan, to alleviate flooding in the Belle Ewart area.
"The anticipated demands of the site are sufficiently large ... the proposed site's close proximity to the potential (Innisfil Heights) corridor makes municipal servicing more practical," said McAuley.
The fund will allocate $725 million over the next seven years. It is supposed to provide assistance for infrastructure improvements in municipalities with less than 100,000 residents. Funding can be granted to water, public transit, road, shipping, airport, tourism, and other infrastructure projects.
As part of the funding requirements, the federal, provincial and municipal governments would each be responsible for covering 33 per cent of the cost of an approved project.
"The program is intended to provide strong infrastructure development that stimulates economic growth, supports a cleaner environment and contributes to overall prosperity," said McAuley. "Work cannot begin before project funding approval is granted."









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