Valley corridor/Gerrard Corridor signal upgrades

FY 2024 ANNUAL BUDGET

SUMMARY

PROJECT TITLE: Valley Corridor/Gerrard Corridor Signal Upgrades

DEPARTMENT: Public Services

BUDGET CODE: 312-4121-441.83-68

JUSTIFICATION: Improves existing service

START DATE (FY): 2023

END DATE (FY): 2024

PROJECT DESCRIPTION:

Project consists of adding new equipment to the existing traffic signals on Valley Avenue and Gerrard Street to allow for traffic adaptive signal timings to be implemented.

RELATIONSHIP TO STRATEGIC PLAN:

Goal 4 - Facilitate the movement of people and goods around the city in all modes with comfortable sidewalks and trails, reliable transit, and safe streets.

PROJECT OBJECTIVES / STATUS:

Project will improve traffic flow on these corridors.

Cost Estimate

Funding Sources

Note: Reference period 2022-23 includes all prior years and 2028-29 includes all future years.

OPERATING IMPACTS

Increase in operating costs of $7,500 per year.