City of Port Coquitlam Capital _ Improvement Program Project Operating Department Pitt River Road Bridge Public Works Description Justification To design and construct new crossing of Increased traffic load requires more Coquitlam River Approximately 200 metres than a single lane bridge. north of existing location. ; Location Pitt River Road Phase Amount Design & construct $5,600,000 $500,000 $4,500,000 $5,000,000 [3 $500,000 | $4,500,000 Estimated NET effect on operating costs Repayment costs ‘linterest. Term25 years Comments Funding sources: Tax Sale Reserve $1,137,500 Road DCCs 1,362,500 Provincial Cost Sharing 2,500,000 TOTAL $5,000,000 Project Number