The City of Nelson has received a $1-million grant from a provincial government infrastructure program to fund part of the development of the Hall Street Pier, according to a news release from the province.
The receipt of this grant will help the City of Nelson to decide which of several versions of the project to pursue. That decision will be made at a council meeting in the next few weeks, the city’s chief financial officer Colin McClure told the Nelson Star.
The cost of the Hall Street Pier project, depending on which components the city decides to include, ranges from $1.6-to-$3 million. In addition to the CERIP grant, the city has received a grant of $500,000 from the Columbia Basin Trust. It is expected that the city’s direct contribution would be $250,000 and that other grants will be pursued.
The Community Economic Recovery Infrastructure Program was set up by the province to provide one-time infrastructure funding grants for shovel-ready projects to restart the economy.
The city proposed the Hall Street Pier project last year as a largely grant-funded attempt to create shovel-ready capital projects to stimulate the economy during the pandemic, along with two other proposed projects that are still in the planning and decision stages: a new library and changes to the Civic Theatre building.
Related:
• Nelson considering new Hall Street pier as part of COVID-19 economic stimulus plan
• Nelson council ponders displaying historic speedboat at Hall Street Pier
bill.metcalfe@nelsonstar.com
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