Taken from the roll call in the town’s own minutes. The minutes record who was not there and almost never why.
What was decided (3 motions)
3 carried, 0 recorded otherwise. Every motion below is printed as the minutes print it.
That the Finance Committee recommend to City Council: That a transfer of surplus funding from the Operations Reserve in the amount of $2.0 million be transferred to the Park and Recreation Infrastructure reserve; and, That the 2021 year end surplus be directed to the Growth Related Non-Development Charge Reserve as opposed to the Tax Rate Stabilization Reserve; and, That a transfer of surplus funding from the Tax Appeal Reserve in the amount of $1.0 million be transferred to the Downtown Revitalization Reserve; and, That a transfer of surplus funding from the Tax Appeal Reserve in the amount of $1.0 million be transferred to the Harbour Rehabilitation and Improvement Reserve; and, That the funds remaining in the Federal-Provincial Safe Restart Reserve be redirected back to the reserves to offset the reduced contributions reflected in the 2021 budget. Approve the addition of Kingside Park Redevelopment (Project 51-0095) in the amount of $1.3 Million to the proposed 2022 Capital Budget funding through the Parks and Recreation Infrastructure Reserve.
Moved by Mayor Carter
Carried
In favour (6): Mayor Carter, Councillor Chapman, Councillor Gray, Councillor Marimpietri, Councillor McConkey, Councillor Nicholson
That the Finance Committee recommend to City Council: That Closed Memorandum FIN-21-113 dated November 9, 2021 be received for information.