Prince Edward County Council has recieved new information about the predicted upkeep expenses of many properties it owns.
During Tuesday’s council meeting, Ayden Townsend from Roth IAMS presented the company’s findings from a recent building condition assessment they undertook for the county.
The assessment looked at 49 municipally-owned properties, and ranked them by Facility Condition Index, a method that measures the cost of maintaining the building over a given time frame as a percentage of the cost to replace it. The study listed buildings with a score of five per cent or less as good, and between five and ten per cent as fair. Of the 49 buildings examined, 22 fell within the Good and Fair ratings.
Wellington Town Hall was one of the worst-performing buildings on the study, with an FCI of 76.13% and a total cost for required maintenance of $697,101 over five years.
The study also determined that the cumulative upkeep cost of the 49 buildings in the study over 30 years would be $95,667,628.
The study was done as part of preparations to create an asset management plan to dictate how best to maintain municipal properties going forward.
Councillor Chris Braney had concerns about the continued cost to maintain some of the properties.
“I’m not too surprised. And I think it’s very compelling. As you said, we need to have an asset management plan here around the table,” said Councillor Braney. “We really need to consider parting way with some of these buildings.”
Council accepted the information in the report, but took no action on it at this time.
