District of Oak Bay’s Sustainable Infrastructure Replacement Plan wins Award for Excellence in Asset Management 

The District of Oak Bay has been recognized by the Union of British Columbia Municipalities with an Award for Excellence in Asset Management for the District’s Sustainable Infrastructure Replacement Plan.

A significant portion of the District’s water, sanitary sewer, storm, and road assets are past their recommended useful life with many other assets well through their recommended useful life and due for replacement imminently. The Sustainable Infrastructure Replacement Plan provides Council and the community with a clear path forward to address the replacement of these assets.

The Sustainable Infrastructure Replacement Plan forecasts recommended infrastructure spending for the next 50-100 years, recommends funding levels required to support long term infrastructure replacement, and develops different options to address the forecasted funding gap. Asset Management BC (AMBC) also endorsed the District’s process of creating the Plan as a step to achieving financial sustainability.

“I’m very pleased to the see the District’s Sustainable Infrastructure Replacement Plan receive this recognition,” said Mayor Kevin Murdoch. “Council, staff, and our taxpayers have worked diligently to address the historic underfunding of Oak Bay’s infrastructure this term. The Plan provides Council and the public with clear data which will help ensure the District can continue to expand the pace of infrastructure renewal.”

The Union of British Columbia Municipalities (UBCM) presented its 2022 Community Excellence Awards during the UBCM convention this week.  The awards showcase municipalities and regional districts that have implemented projects and programs that demonstrate excellence in meeting the purposes of local government in BC. The District wishes to extend its congratulations to all recipients of the 2022 Community Excellence Awards.

- 30 -

For media inquiries, please call:
Kevin Murdoch
Mayor
(250) 896-4983
mayor@oakbay.ca