2020 Annual Report

Annual Report 2020 71 City of Chilliwack Notes to Consolidated Financial Statements Year Ended December 31, 2020 7 Property under development: The property under development relates to projects of Chilliwack Economic Partners Corporation as follows: 2020 2019 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: 2020 Opening Change - Under Closing Cost Additions Disposals Construction Cost General Land 139,534,396 $ 2,345,984 $ (182,570) $ - $ 141,697,810 $ Buildings 142,187,170 2,717,639 - - 144,904,809 Equipment and vehicles 43,946,791 3,059,735 (1,593,492) - 45,413,034 Engineering structures 378,547,308 15,509,239 (62,413) - 393,994,134 Under construction 8,571,376 - - 19,864,259 28,435,635 712,787,041 23,632,597 (1,838,475) 19,864,259 754,445,422 Water Land 2,026,328 - - - 2,026,328 Buildings 283,867 - - - 283,867 Equipment and vehicles 2,776,468 738,322 (105,442) - 3,409,348 Engineering structures 195,267,024 3,641,165 - - 198,908,189 Under construction 687,203 - - 483,275 1,170,478 201,040,890 4,379,487 (105,442) 483,275 205,798,210 Sewer Land 1,643,155 - - - 1,643,155 Equipment and vehicles 3,019,266 33,859 (66,395) - 2,986,730 Engineering structures 267,548,734 2,618,009 - - 270,166,743 Under construction 1,753,735 - - 3,959,422 5,713,157 273,964,890 2,651,868 (66,395) 3,959,422 280,509,785 CEPCO Land 196,196 - - - 196,196 Buildings 6,114,880 21,211 (751,332) - 5,384,759 Equipment 282,847 4,005 - - 286,852 6,593,923 25,216 (751,332) - 5,867,807 Tourism Chilliwack Goodwill 6,120 - - - 6,120 Buildings 127,913 - - - 127,913 Equipment 207,400 12,395 - - 219,795 341,433 12,395 - - 353,828 1,194,728,177 $ 30,701,563 $ (2,761,644) $ 24,306,956 $ 1,246,975,052 $ CITY OF CHILLIWACK NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Year Ended December 31, 2020