A decade-old plan to transfer ownership of Speedsville Road, between Maple Grove Road and Eagle Street, to the Region of Waterloo is finally taking shape.
The transfer was approved by a previous city council back on Aug. 12, 2014 at the same time the region transferred ownership of a section of Beverly and Samuelson streets, and Clyde Road to the city.
A report from transportation services headed to committee next week says the Speedsville Road transfer didn't happen then because it was contingent on the City of Cambridge removing a truck prohibition and entering into a cross-border servicing agreement with Woolwich Township.
That agreement is in regard to servicing lands on the border of the two municipalities, including land in the vicinity of the Region of Waterloo International Airport.
Recent discussions between the region and the city determined those conditions shouldn't hold up the transfer of the road.
When the region assumes that segment of Speedsville, they can designate the road as a truck traffic route if needed since the city has indicated that they have no concerns with truck traffic there.
A cross-border agreement with Woolwich is currently being negotiated.
The region added a $200,000 Speedsville Road Corridor study to this year's budget to determine if the road needs improvements based on future traffic flow.
"These assessments and findings will be coordinated with the City of Cambridge to ensure appropriate timing for installation of sanitary and water infrastructure in advance of development needs," the report says.
Additionally, regional operations staff will collaborate with the city on a new road maintenance agreement for this segment of road.
The transfer adds 5.62 kilometres of road to the region's responsibilities, which will result in a variance to the operating budget in 2025 of $62,000.
