ADELAIDE City Council's draft 2013-14 Business Plan and Budget, which outlines the city's key services and initiatives and details $48 million worth of new projects for the financial year ahead, has been released for consultation.
The projects include the major upgrade to the northern end of Victoria Square/Tarntanyangga and the Rundle Mall redevelopment, as well as the development of a new City Library in Rundle Place and upgrades to roads, footpaths and street lighting.
"This year we're focusing on progressing major projects already underway, delivering a huge-array of core services that make our city tick and working with the community to make Adelaide a city of great places, for many people," Adelaide Lord Mayor Stephen Yarwood said.
In response to concerns about the Council's projected debt levels, Cr Yarwood said net borrowings are "relatively conservative" and projected to remain "well within responsible limits," but added that any debt will be at the lowest interest rates offered in the last 50 years.
"As a Council representing both the business and residential ratepayers of the city, Council will always look at the best options to deliver beneficial projects, in a financially sustainable and responsible way," Cr Yarwood said.
Other key projects in the draft Business Plan and Budget include:
- A $1 million Residential Street Development program that will focus on general maintenance and upgrades to footpaths and landscaping;
- Continuing the City Activation program, which includes Splash Adelaide, the Parklet program, the Outdoor Dining incentive scheme and laneway and place-making projects;
- Constructing the Frome Street Bikeway, which will provide a north-south bicycle route in the city from Greenhill Road to Pirie Street, along Regent, Charlotte, Castle and Frome Streets;
- Completing the concept design for the Frome Street Bikeway from Pirie Street to North Terrace;
- Completing the design of a higher-frequency free City Connector Bus service and more than $1 million for bus stop upgrades and the acquisition of new buses to operate the service;
- Continuing work to extend the green walk time at a number of signalised intersections, as well as reducing the traffic signal cycle length at a number of intersections to reduce pedestrian delays; and
- $470,000 for city safety initiatives, including security lighting around the city and renewing CCTV cameras in locations such as Hindley Street, Rundle Mall and East End.
Consultation on the draft Business Plan and Budget is open until 29 May 2013. The final Business Plan and Budget is expected to be presented to the Council in June. More information is available from Adelaide City Council's 'Your Say Adelaide' website at <http://yoursay.adelaidecitycouncil.com/>.