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Cranbrook, BC (October 7, 2024) – City administration is moving forward with the application process for the Community Emergency Preparedness Fund (CEPF) Disaster Risk Reduction Fund, aiming to secure $5 million in grant funding for the reconstruction of the Gold Creek Dam. 

This project, estimated to cost $14.5 million, is vital for ensuring the water quality and security of Cranbrook, as the dam serves as a major contributor to the water flowing into the Phillips Reservoir.

During Monday’s regular meeting, Council expressed their strong support for this funding initiative, recognizing the need for additional financial assistance to complete the project. The City has already invested in the planning, design, and approval phases for a new dam that will provide increased storage capacity to better accommodate future water demands.

The CEPF program is open to First Nations and local governments and focuses on reducing risks from natural hazards and climate-related challenges. Should the City be successful in securing this grant, it will still need to cover $9.5 million of the total costs. However, the program allows for "grant stacking," meaning the City can pursue other funding opportunities, and administration is committed to this effort with Council's support.

Additionally, the City has applied for funding through the provincial Disaster Resilience and Innovation Fund (DRIF), following Council's support in a resolution from July 29, 2024. If successful in both applications, the City would still need to address a remaining $4.5 million in project costs.