Canada Infrastructure Bank (CIB) is committing up to $20 million in the Township of Mapleton’s water and wastewater pilot project.
The funding will enable the Township of Mapleton to continue to provide households and businesses access to clean drinking water using modern infrastructure.
As part of the project, the township will upgrade its water system including the building of a new water tower, upgrading an existing water pumping station, a wastewater treatment project, and a gravity sanitary collection system.
The township is seeking a consortium to design, build, finance, operate and maintain the municipality’s new and existing water and wastewater infrastructure for up to 20 years. The township of Mapleton is leading the competitive procurement process including selecting the preferred proponent. Mapleton will focus on its core role as an asset owner and water utility regulator and will hold the selected proponent accountable to deliver the water and wastewater infrastructure
Mapleton will continue to own all existing and new infrastructure assets. Mapleton’s innovative approach can be considered a pilot project to demonstrate new models for structuring and financing smaller municipal water and wastewater infrastructure projects.
"Mapleton Council is exploring new funding and partnership models to benefit our community over the long term. The approach we are using will ensure Mapleton’s water and wastewater needs will be met safely, efficiently and affordably. We are proceeding with a competitive procurement process and are very pleased to have the Canada Infrastructure Bank involved to provide an innovative financing option. We hope that our approach to improving our infrastructure will create best practices for other municipalities to modernize their water and wastewater systems," said Gregg Davidson, the mayor of the Township of Mapleton.
This partnership demonstrates how the CIB can enable the public and private sectors to improve infrastructure delivery in Canada
"This is an exciting partnership between the Township of Mapleton and Canada Infrastructure Bank. CIB is a new model of federal support for projects including green infrastructure. Our innovative financing approach will help Mapleton invest in new, expanded and sustainable public water and wastewater facilities," said Pierre Lavallée, president and CEO, Canada Infrastructure Bank
The township is an agricultural and rural community of approximately 11,000 residents.