City of Stirling Transport Asset Managment Plan
4.4 New assets from growth All new assets required to meet growth will be acquired from land developments or constructed by the City in accordance with the City’s design standards and industry guidelines. The City’s officers supervise all works to ensure compliance to the City’s specifications.
The growth for pathway assets is forecasted to be one per cent to two per cent each year. The pathway network is expected to extend to 1050 kilometres. This translates to an additional replacement cost of approximately $500,000 per year. Acquiring these new assets will commit the City to fund ongoing operations and maintenance costs for the period that the service provided from the assets is required. These new assets will require additional maintenance and operational funds in the order of $1.2 million per annum by 2028.
When the works are completed, the developers hand these assets over to the City for ownership and maintenance for the remainder of their useful life. However, a defect liability period of 12 months is applicable to all assets created by developers. Growth in the network can be linked to the development areas flagged as structured plan areas and to projects such as the Rights of Way initiative, New Footpath Strategy, the Stirling City Centre, Scarborough Beach Redevelopment, Scarborough Beach Rd Activity Corridor, Better Suburbs, and Stephenson Avenue extension/interchange and bus lanes implemented by Transperth. The forecast growth for roads can be derived from the sum of the planned laneway dedication and upgrade and the acquisition of new roads from developments based on an average from the last four years. This translates to an additional replacement cost of approximately $680,000 per year. This growth will continue to significantly impact on rehabilitation and renewals expenditure over time.
Transport Asset Management Plan 2018 – 2028 | 31
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