Item No. 8.14
Council Report: C 79/2020
Subject: Application for the Southwestern Ontario Development Fund – Confirm & Ratify Report Ward 9
Reference:
- Date to Council: April 27, 2020
- Author: Steve Vlachodimos
- Deputy City Clerk/Senior Manager of Council Services
- (519) 255-6100 ext 6488
- svlachodimos@citywindsor.ca
- Council Services
- Report Date: 4/16/2020
- Clerk's File #: GP/13792
To: Mayor and Members of City Council
Recommendation:
That the results of the email poll conducted by the Deputy City Clerk on April 16, 2020 approving the following recommendation BE CONFIRMED AND RATIFIED:
I) THAT City Council APPROVE Administration to submit an application for the Southwestern Ontario Development Fund (the "Grant") for the project identified in this report; and,
II) THAT City Council CONFIRM their commitment to the Project submission in the amount of $4,000,000 (2020 dollars) as outlined in the Financial Matters section of this report that is consistent with the proposed phased development and that would also allow for additional site development; and,
III) THAT the funding plan BE PRESENTED and City Council APPROVE the following funding totalling $2,500,000 as the City's matching funding for the municipal services work required in this area:
a) $600,000 of the approved 2020 Sewer Surcharge funding from the Grant Matching and Mitigating Inflationary Pressures project (FIN-00119) and;
b) $1,900,000 identified in 2024 Pay-As-You-Go funding for the Central Box EA and Road Infrastructure project (ENG-005-17) be precommitted and directed to this project, and;