Thank you, Mr. Chairman. There are a number of questions there. In terms of the Deh Cho Bridge, the concession agreement has been worked on over the last several months. Also the environmental assessment was done and that has gone to the federal government with a recommendation to approve. The design has been worked on for some time now. It's down to a couple small issues. We're hoping to have agreement on that issue fairly quickly. The Deh Cho Bridge Corporation indicates to us that they have their lenders in place. With all those issues in mind, we're anticipating that we probably could have a concession agreement signed in the next couple of weeks, maybe even sooner than that. We are hoping that we will have a final agreement on the concession agreement once everything is in place, and that is targeted for some time this spring. The current schedule is still something that we're hoping to see followed through, with construction starting some time later on this summer, with a completion date of 2006. So those are the targeted dates and things seem to still be on line with the bridge negotiations and discussions.
Highway No. 3 is targeted for completion, including the pavement, for fall of this year. We had accelerated this project when we got new dollars from the federal government. That seems to be going on schedule. The last contract was broken down into two phases, so everything seems to be falling into place and we should have everything completed by fall of this coming fiscal year.
The Kam Lake access road is a little more complicated. We have been talking to the city for some time. We are in the same position as the city; we'd like to see the road in place. There are safety issues. There are noise issues. There is a lot of traffic coming down the road in terms of the resource development that's happening in this area. We are working on an MOU. We have had the first draft brought forward by the city over to our department. We are reviewing it. We are going to be adding our comments on the draft very shortly and have those discussions continue. We also have not, as a department, done an evaluation or any engineering work on this project. There is an assessed estimation brought forward by the city. It's a $5 million project. We are committed right now to do the portion that would allow us to get access to the west side with our project for the development of that area. The city wants us to expand that. We're looking at what it would cost. We're looking at doing some engineering work, some estimations, and having further discussion.
With the winter road portion, we have not really had a lot of discussion around that issue. We could do that. It was not raised by ourselves or the city, so that's something we'd have to commit to doing. We certainly could follow through with that. It might be a solution for the short term, anyway. We will commit to having that discussion with the city.
The airport expansion is going ahead. We have all our contracts tendered out and allocated. There are a couple of issues that we've managed to resolve. We had done a study. We did some questionnaires. We talked to the people that were using the terminal facility. We talked to some of the people that were in the facility. We did a number of things. We had a consultant do a whole study for us. They came back with some new recommendations, some options for us, especially in the area of the restaurant. They came back and recommended to us to leave the facility where it is located and made some other suggestions. We're following through with that. The parking lot has been done. I think most of the work there has been completed. The site clearing and preparation began last fall for the apron. The contractor has been working on this project. We're anticipating that portion will be done by late 2005.
The contract was recently awarded in December for the passenger terminal building. The actual work will start in April of this year. That includes the CATSA portion. The CATSA reimbursement agreement, I should point out, has also been signed and we are also working on the other portion, which is the annex. That has also gone out to contract in December of this year. That annex portion will be done, I'm told, the summer of this year also. So overall, the project completion is scheduled for the fall of 2006.