It's good news for Montreal families.

The city has announced it is investing 42-million into renovating and modernizing parks and sports facilities.

Mayor Michael Applebaum says 31.5 million will go to the boroughs while the rest of the money will be spent on centres run by the central city.

He says how the money is spent will be decided by the elected officials in each borough, but examples include renovating swimming pools, purchasing new park furntiure, or building a new, synthetic soccer field.

Applebaum adds they followed a certain criteria when deciding how the money will be distributed.

"How many people are under the age of 20, how many people are over 65, how much land is covered by parks in the borough," the Mayor explains. "We then came up with calculations."

Residents of Mercier-Hochelaga-Maisonneuve will receive the most funds with about 2.8 million but no borough will get less than 1-million.

The boroughs are required to spend the money before December 31st.