Construction to begin soon on Rose Valley Water Treatment Plant
West Kelowna city council has determined how it'll pay for its portion of the new Rose Valley Water Treatment Plant.
West Kelowna will fund its $12.5-million share of the construction costs through reserve funds and the short term borrowing of $1.6-million.
The majority of funding - $41 million - comes from the federal and provincial governments through the Clean Water and Wastewater Fund - this money was announced back on March 17th.
The Rose Valley Reservoir currently serves users of the Lakeview Water System, which recently went through a 14 week water quality advisory, after an unprecedented algae bloom.
The project will also connect the new plant to the Pritchard, Sunnyside and West Kelowna Estates water systems - and once completed, will bring clean water for 18,000 residents in West Kelowna.
With all the money now in place - the city says the treatment plant can be constructed immediately instead of in 2022 - which was forecast in the City's capital plan.