2019 Annual Report

City of Chilliwack 74 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2019 7 Property under development: The property under development relates to projects of Chilliwack Economic Partners Corporation as follows: 2019 2018 Canada Education Park 3,258,792 $ 3,258,792 $ Downtown Redevelopment 423,168 423,168 3,681,960 $ 3,681,960 $ 8 Tangible capital assets: 2019 Opening Change - Under Closing Cost Additions Disposals Construction Cost General Land 136,609,602 $ $2,924,794 - $ - $ 139,534,396 $ Buildings 133,473,944 8,713,226 - - 142,187,170 Equipment 38,159,764 6,239,906 (452,879) - 43,946,791 Engineering Structures 367,528,129 11,386,131 (366,952) - 378,547,308 Under Construction 13,003,019 - - (4,431,643) 8,571,376 688,774,457 29,264,057 (819,831) (4,431,643) 712,787,041 Water Land 2,026,328 - - - 2,026,328 Buildings 256,694 27,173 - - 283,867 Equipment 2,027,912 846,312 (97,756) - 2,776,468 Engineering Structures 191,902,321 3,369,188 (4,485) - 195,267,024 Under Construction 1,530,693 - - (843,490) 687,203 197,743,948 4,242,673 (102,241) (843,490) 201,040,890 Sewer Land 1,643,155 - - - 1,643,155 Equipment 2,584,579 623,815 (189,128) - 3,019,266 Engineering Structures 241,511,096 28,110,128 (2,072,490) - 267,548,734 Under Construction 18,950,213 - - (17,196,478) 1,753,735 264,689,043 28,733,943 (2,261,618) (17,196,478) 273,964,890 CEPCO Land 196,196 - - - 196,196 Buildings 6,112,330 2,550 - - 6,114,880 Equipment 453,523 4,430 (175,106) - 282,847 6,762,049 6,980 (175,106) - 6,593,923 Tourism Chilliwack Goodwill 6,120 - - - 6,120 Buildings 127,913 - - - 127,913 Equipment 206,340 1,060 - - 207,400 340,373 1,060 - - 341,433 1,158,309,870 $ 62,248,713 $ (3,358,796) $ (22,471,611) $ 1,194,728,177 $