Treasurer Janet Koziel approached council Monday night with information about the development of a Strategic Asset Management Policy (SAMP) for the municipality; she further asked for the adoption of a bylaw to adopt the SAMP before July 1, as Ontario municipalities are now required to have a SAMP in place before that date.
The Draft policy presents a vision statement, definitions, the plan, goals and objectives, the scope, alignment with Smiths Falls’ strategic direction, a policy statement guiding the municipality, and the roles and responsibilities of the management team.
This July municipalities must have a finalized strategic asset management policy; by 2021, municipalities must have an approved asset management plan for core assets i.e. roads, bridges and culverts, water, wastewater and stormwater. By 2023 the plan must include all municipal infrastructure identifying current levels of service and cost of maintaining those levels, and by 2024, identification of activities required to meet proposed levels of service, and a strategy for funding.
Koziel commented in her report that council might need to engage appropriate level of internal and/or external expertise to establish and maintain the program going forward.
Councillor McKenna asked about “green infrastructures” in the Plan. It’s easy, he said, to determine a life cycle of a truck or a grader, not so easy to monitor the performance of a park. Koziel allowed that the town is still in the beginning stages of the policy. The bylaw will come to council before July 1.