Planned Capital Projects - Town of Gibsons

A rendering of well 6

What Is a Capital Project?

A capital project is a long-term, capital-intensive investment project with a purpose to build upon, add to, or improve a capital asset. Capital projects are defined by their large scale and large cost relative to other investments that involve less planning and resources.

In the Town of Gibsons, a capital project usually refers to a cost-intensive initiative that will improve the value and service capacity of our infrastructure (e.g. the White Tower Pond upgrade), or help us maintain our infrastructure (e.g. the purchase of a new dump truck).

In the 2024 Budget, $18,988,000 has been proposed for capital projects. This would include the following projects:

Sanitary Sewer Capital Projects- $3,431,000

  • Centrifuge Replacement ($1.02M)
  • WWTP Upgrade Preliminary Design ($650K)
  • Outfall Replacement Phase 1 – Design ($450K)

Water Capital Projects – $3,288,000

  • Skyline Drive Water Main ($2.185M)
  • Well 3 Pump and Electrical Upgrades ($251K)
  • School Road Reservoir Seismic Assessment ($100K – carry-over)

General Capital Projects – $12,269,000

  • White Tower Park Pond ($1.51M, 2023 carry-over)
  • Climate Adaptation Through Natural Assets ($5.36M)
  • Foreshore Improvements ($2.0M)
  • OCP and Zoning Bylaw Update ($200K)
  • Pebbles Beach Stairs ($227K)

View the related spreadsheets:

Related document from 2023:

Related documents from 2022: