Objective:To increase the amount of private investments in Valmiera by investing in development of commercial activities in accordance with the economic specialisation of the territory as defined in the municipal development programme. Reconstruction of Kauguru street, construction supervision, author supervision. Reconstruction of Kauguru Street. Reconstruction of the street duvet and increase of load capacity by constructing new asphalt layers, as well as construction of pavements and bicycle paths for the safety of pedestrians and cyclists, construction of street lighting and rain sewers was carried out.The total cost of the project is planned EUR 1214238,13. ERDF funding EUR 871415,49, including performance reserve pre-financing EUR 153769,59.In the project indicative implementation period: August 2019 – April 2021.