News   GLOBAL  |  Apr 02, 2020
 9.6K     0 
News   GLOBAL  |  Apr 01, 2020
 41K     0 
News   GLOBAL  |  Apr 01, 2020
 5.5K     0 

City looks at tax hike for Yellowhead freeway project
A report going to city council next week recommends the city hike taxes by nearly two per cent to cover the costs of borrowing $500 million to transform Yellowhead Trail into a freeway.

The city's portion of a $1-billion, 10-year project to improve a 25-kilometre section of the Yellowhead is $510.8 million.

The rest will be covered by the provincial and federal governments, which have already committed their support.

The report going to council on Tuesday recommends a tax levy to cover borrowing costs on $510.8-million of tax-supported debt.

"This will require an increase in tax levy to pay for the servicing of this debt over the lifetime of the project," the report says.

"Overall, an estimated tax increase of 1.76 per cent is anticipated between the years 2017 to 2026 to fund debt servicing costs on the city's contribution."

http://www.cbc.ca/news/canada/edmon...hike-for-yellowhead-freeway-project-1.3986943

1.76% tax increase could be coming to pay for Yellowhead project
Turning Yellowhead Trail into a free-flow freeway is going to cost Edmonton residents.

A report from the city suggests a 1.76 per cent tax increase between 2017 and 2026 to cover the City of Edmonton’s $510-million contribution to the Yellowhead Trail project.

The tax increase is based on projections of construction cost and interest rates.

The report will be presented to city council Tuesday, Feb. 21.

http://globalnews.ca/news/3254463/1-76-tax-increase-could-be-coming-to-pay-for-yellowhead-project/

Yellowhead Trail project to add $510 million to Edmonton debt
 
City council approves Yellowhead Trail spending
The city approved borrowing more than half a billion dollars Tuesday to revamp Yellowhead Trail.

Mayor Don Iveson said while $510.8-million in tax-supported debt might sound like a lot, it will work out to an average 0.176 per cent property tax increase for each of the next 10 years.

“It works out to, for the average household, the cost of a cup of coffee a year in terms of an increase,” Iveson said.

“So to be able to fix the Yellowhead, I think that’s a small price to pay for Edmonton taxpayers who have been telling us for decades that we need to improve traffic safety and efficiency along this busiest of economic corridors.”

http://www.metronews.ca/news/edmont...uncil-approves-yellowhead-trail-spending.html

Edmonton to borrow $510M to turn Yellowhead into freeway
Edmonton city council has given the green light for the city to borrow more than $500 million to upgrade Yellowhead Trail into a freeway.

The vote Tuesday was unanimous.

"We're going to fix the Yellowhead," Mayor Don Iveson said after the vote was displayed.

The $1-billion project will eliminate all the intersections along the busy 25-kilometre stretch of roadway, turning what is mostly a 70 km/h zone dotted with major intersections into a free-flowing freeway.

The money will also be spent on widening the Yellowhead to six lanes from 50th Street east to the North Saskatchewan River crossing, and widening Fort Road to six lanes from the Yellowhead to 66th Street.

http://www.cbc.ca/news/canada/edmon...10m-to-turn-yellowhead-into-freeway-1.3993025

Tough trade-offs coming in $510-million Yellowhead Trail upgrades: officials
 
Share your feedback on Yellowhead Trail changes
-JJR7KYjfJ_EjTro6O0aIgy3H0UcN3r0ViKRFo2tEb1ZKN_iTP-uFINoTtSOCvO9mI1_JW0Irvezq1L5mownBaXAgviUiyFY2JVClkcP-6IgWRvFMA3THOpE79GOc7_N7EihrWO05UPi4Ig=s0-d-e1-ft

October 15, 2018

As part of the Yellowhead Trail Freeway Conversion Program, changes will be made between 97 Street and 82 Street, including the removal of the traffic signal at 89 Street.

Edmontonians are invited to share feedback on the recommended design for Yellowhead Trail from 82 Street to 97 Street, and to let us know what information is important to them during construction.

Date: Tuesday, October 16
Time: 3 - 7 p.m. (drop-in)
Location: Delton Community League, Main Hall, 12325 88 Street NW

Once it’s converted into a freeway, Yellowhead Trail will have six free-flowing lanes with no traffic lights and two new interchanges. The conversion will improve traffic flow as traffic volumes continue to grow and will improve safety at several high-collision locations.

For more information:
edmonton.ca/YellowheadTrail

Media contact:
Sheila Keenan
Communications Advisor
780-886-6415
 
Share your feedback on Yellowhead Trail changes
March 4, 2019

As part of the Yellowhead Trail Freeway Conversion Program, changes will be made between 82 Street and 50 Street, including the closure of the intersection at Yellowhead Trail and 66 Street.

If the closure and related changes will affect you, your travel routines or your neighbourhood, we want to hear from you.

Drop-in Public Engagement Events:

Date: Tuesday, March 5
Time: 4:30 – 8 p.m.
Location: Jerry Forbes Centre for Community Spirit, 12122 68 Street NW

Date: Saturday, March 9
Time: 10 a.m. – 1 p.m.
Location: Balwin School, 7055 132 Avenue NW

We want to know what is important for the City to consider when planning the removal of the 66 Street traffic signals on Yellowhead Trail and closure of other nearby accesses; how the roads in the area are used today, and how the roads might be used in the future.

Your input is important and will inform the City’s plans for Yellowhead Trail at 66 Street and the surrounding road network.

If you are unable to attend you can share your feedback online until March 16.

For more information:
edmonton.ca/Yellowhead82to50Street

Media contact:
Sheila Keenan
Communications Advisor
780-886-6415
 
Learn about upcoming road work for Yellowhead Trail freeway conversion
March 18, 2019

As part of the Yellowhead Trail Freeway Conversion Program, changes will be made between 156 Street and St. Albert Trail, including planned construction on 128 and 124 Avenues.

Come view the final design plans at a drop-in public information session and learn about construction scheduled to begin this spring.

Date: Tuesday, March 19
Time: 3 – 7 p.m.
Location: Dovercourt Community League Hall, 13510 Dovercourt Avenue NW

Construction will take place on:
128 Avenue between 156 Street and St. Albert Trail
124 Avenue between 149 Street and 142 Street

Road changes are being made to accommodate increased traffic expected when the intersection at Yellowhead Trail and 149 Street is removed.

Those unable to attend can learn about planned construction online after the event.

For more information:
edmonton.ca/Yellowhead156StreetToStAlbertTrail
 
Final concept plan for Yellowhead Trail and 66 Street
October 22, 2019

As part of the Yellowhead Trail Freeway Conversion Program, changes will be made between 82 Street and 50 Street that include the removal of traffic signals at Yellowhead Trail and 66 Street.

Public input gathered over the past year helped the City develop three design options. These designs were evaluated and narrowed to a final concept plan of a partial interchange at 66 Street with a flyover (overpass) over Yellowhead Trail, constructed with a combination of slopes and retaining walls.

Join us in person to view the final concept plan and let us know what you think.

Date: Wednesday, October 23
Time: 4 – 8 p.m. (Drop-in)
Location: Jerry Forbes Centre for Community Spirit, 12122 68 Street NW

Date: Saturday, October 26
Time: 10 a.m. – 1 p.m. (Drop-in)
Location: Balwin School, 7055 132 Avenue NW

Those unable to attend the event can view the final concept online now and share feedback at edmonton.ca/Yellowhead82to50Street until Saturday, November 2.

For more information on the Yellowhead Trail Freeway Conversion Program, visit edmonton.ca/YellowheadTrail.

YHT-66_Street_-_Plan_Concept.jpg

Twenty20_YHTflyover.jpgYHT-66_Street_-_PE_-_191008_Open_House_Plan_66_Street_Close-up_50_DRAFT.jpgNW_3D_resized.jpgSW_3D_resized.jpgYHT-66_Street_-_Plan_Concept.jpg
 

Back
Top