2017 Annual Report

59 City of Chilliwack 2017 Annual Report City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2017 7 Property under development: The property under development relates to projects of Chilliwack Economic Partners Corporation as follows: 2017 2016 Canada Education Park 3,764,916 $ 3,764,916 $ Downtown Redevelopment 2,293,273 2,293,273 6,058,189 $ 6,058,189 $ 8 Tangible capital assets: 2017 Opening Change - Under Closing Cost Additions Disposals Construction Cost General Land 129,935,475 $ $841,255 ($260,741) 130,515,989 $ Buildings 117,156,334 6,732,352 (250,000) 123,638,686 Equipment 32,921,113 4,168,029 (946,805) 36,142,337 Engineering Structures 325,580,639 23,451,986 (399,480) 348,633,145 Under Construction 11,965,563 (1,870,319) 10,095,244 617,559,123 35,193,622 (1,857,026) (1,870,319) 649,025,400 Water Land 2,026,328 2,026,328 Buildings 256,694 256,694 Equipment 1,071,823 351,279 (19,514) 1,403,588 Engineering Structures 184,785,409 3,201,157 (72,607) 187,913,959 Under Construction 1,147,868 (43,747) 1,104,121 189,288,122 3,552,436 (92,121) (43,747) 192,704,690 Sewer Land 1,643,155 1,643,155 Equipment 2,371,765 294,849 (171,650) 2,494,964 Engineering Structures 237,551,870 3,219,534 (287,685) 240,483,719 Under Construction 476,170 2,127,692 2,603,862 242,042,960 3,514,383 (459,335) 2,127,692 247,225,700 CEPCO Land 196,196 196,196 Buildings 5,487,800 8,593 5,496,393 Equipment 363,943 13,556 377,499 6,047,939 22,149 - - 6,070,088 Tourism Chilliwack Goodwill 6,120 6,120 Buildings 119,012 3,240 122,252 Equipment 178,627 15,189 193,816 303,759 18,429 - - 322,188 1,055,241,903 $ 42,301,019 $ (2,408,482) $ 213,626 $ 1,095,348,066 $ City of Chilliwack Financial Statements