Construction of the new elevated water storage tank (water tower) in Wellington has begun.
The County will construct the new elevated water storage tank at the northeast corner of the Belleville Street and First Avenue intersection. Construction is tentatively scheduled for completion in the spring of 2023.
The new elevated water tank will provide the recommended pressures for the existing system and for the planned future developments over the next 20 years.
A new water tower is one of several infrastructure upgrades identified in the Wellington master servicing plan that the County completed in 2021. With increased residential and commercial growth projected in Wellington over the next five years, the plan identified, evaluated and prioritized infrastructure upgrades for water, wastewater and stormwater management services.
The estimated cost of water and wastewater infrastructure improvements to support projected growth in Wellington over the next 20 years is $68 million, with $52 million to be funded by developers via development charges. The remaining $16 million is identified as benefiting existing customers and will be debt serviced over a 30-year term.
The costs to service that $16-million debt (interest payments) will be recovered through water and wastewater rates. The cost to service the $52 million debt will be funded through the upfront payment of development charges. In return for pre-paying a portion of the development charges, the two developers receive the certainty that they can connect their developments to municipal water and wastewater services when the services are available. Learn more about the upfront financing agreements signed between the developers and the municipality.
If you have questions about this project or require additional information, contact the County of Prince Edward at 613.476.2148 extension 1023, 613.962.9108 extension 1023, or info@pecounty.on.ca.