Approve the City’s 2025 Asset Management Plan, attached to public works report PWS-30-25 as Appendix ‘A’, and
Endorse the approved asset levels of service strategy, as outlined in the 2025 Asset Management Plan; and
Direct the Chief Financial Officer to incorporate the financial requirements identified in the 2025 Asset Management Plan - specifically the recommended 10-year capital investment scenario - into the planned 2027 future Long-Term Financial Plan update, to ensure alignment between asset levels of service and long-range fiscal planning; and
Direct the Director of Engineering Services to publish the 2025 Asset Management Plan on the City’s website to ensure transparency and public accessibility, and to notify the Ontario Ministry of Infrastructure in accordance with the requirements of Ontario Regulation 588/17 under the Infrastructure for Jobs and Prosperity Act.