Prince Edward County Chief Administrative Officer James Hepburn. (Photo: Amanda Smith/ Quinte News)
Council in Prince Edward County has committed almost $21,000 to expand their asset management plan.
On Tuesday night at Shire Hall, council agreed to apply for funding from the Federation of Canadian Municipalities Asset Management Program.
CAO James Hepburn says they are working towards making sure they are compliant with the new standards.
He say the linear assets include roads, bridges and water and sewer lines.
In order to be fully compliant, the County’s asset management plan must prepare a strategic asset management policy, assess the state of local infrastructure and assist with development of asset inventory database, determine levels of service and life cycle planning, prepare a financial strategy and prepare an asset management plan report.
The costs associated with updating the plan is $70, 690 and the maximum grant amount is $50,000.
