Cranbrook city council has added the provincially funded childcare project to the five-year financial plan.
The project was added to the 2025 capital plan at a value of $5,420,875, $6,776,093 in 2026 and $1,355,219 in 2028.
Despite being added to the budget the city is not on the hook for any of the costs as it’s being funded by a $13.5 million provincial grant.
“The capital construction cost is a little over $9 million, and the rest is contingency built into the budget,” said CAO Mark Fercho.
The facility will feature 123 childcare spaces and will be located adjacent to the Western Financial Place.
“The approval was for the original location selected at Gyro Park, but due to community feedback we conducted a public survey and asked people to choose between Gyro Park and Balment Park,” said administrative manager Tina Babuin.
The province signed off on the new location.
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