4 in favour, 2 against, 2 absent) If more than 10% of residents (6400) would oppose the borrowing bylaw, then the issue would go to a referendum. During October and November 2009, the Province of BC declined to contribute to funding the bridge project. A few weeks later the federal government approved a $21 million grant for the replacement project. Federal funding came from the Build Canada Fund. In December 2009, a counter petition was launched to force the city to go to a referendum to obtain approval for funding bylaw No.09-057 to borrow $42 million towards the total of $63 million, with $21 million coming from federal funding. The text of the petition reads: "I, the undersigned elector residing or owning real property within the City of Victoria, do hereby present my name on this elector response form for the purpose of opposing the Council of the City of Victoria adopting Loan Authorization (Johnson Street Bridge) Bylaw No. 09-057 without first obtaining the assent of the electors by a vote (referendum)." Signatures were to be gathered by January 4, 2010. On January 4, 2010, organizers presented a successful counter petition to City Hall, with 9872 valid Victoria elector signatures. The borrowing bylaw for the bridge project went to a referendum. In February 2010, the city commissioned MMM Group to prepare a full Class C report on comparable options for replacement and rehabilitation. On May 27, 2010, the results of an Ipsos Reid survey were released. Residents taking the survey ranked their priority factors for the bridge as: a dedicated pedestrian walkway, lifespan of the bridge, cost, dedicated bike lanes, accessibility for other users (wheelchairs, scooters, strollers, visually impaired), and safety, above heritage value and having a rail crossing. Business owners did not see a benefit from one bridge option over the other, but concerns over cost and construction issues including potential closures were noted. On June 11, 2010, Banjar Management's Economic Impact Assessment identified economic benefits of the bridge to "range between $48 million and $54 million for the rehabilitation alternative and $47 to $53 million for replacement of the bridge over the four to five years required for project delivery." Negative economic impacts were assessed as follows: DOWNTOWN VICTORIA BUSINESS IMPAIRMENT Full closure $10.3 million One lane open $5.1 million Two lanes open $2.6 million VEHICLE DIVERSION TRAVEL TIME COSTS Full closure $1.6 million One lane open $1.0