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The City Council unanimously approved agreements supporting the Trunk Highway 5 reconstruction and associated infrastructure improvements. The estimated total project cost is $122 million, with Victoria’s share estimated at $3 million; bids are expected to open in mid-November.
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The approved agreements allow the Highway 5 project to move forward and confirm Victoria’s participation in its funding and construction arrangements. The city’s estimated $3 million share is included in its capital funding plan. The council also waived municipal consent for the project, meaning the reconstruction can proceed under the approved intergovernmental agreements.
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