November 29, 2018 Community Planning and Economic Development Standing Committee Special Meeting

Agenda

1. CALL TO ORDER 

2.  APPROVAL OF THE ORDER OF BUSINESS

3. Funding request – THE LINK Performing Art Centre [PDF]

Motion:
That the Community Planning and Economic Development Standing Committee recommends that Regional Council, subject to the recommendation of the Audit & Finance Standing Committee regarding funding: 
1. Approve the provision of a one-time contribution to The Link Performing Arts Society for capital costs relating to The Link Performing Arts Centre, a purpose built facility in the former World Trade and Convention Centre, 1800 Argyle Street, not to exceed 10% of the overall capital project costs, to a maximum of $1,000,000.00, subject to the terms set out in Table 2 of the discussion section of the staff report dated November 21, 2018 with funding to come from Q421 the General Contingency Reserve; and 
2. Authorize the Chief Administrative Officer, or his designate, to negotiate and execute a Contribution Agreement on behalf of the Municipality with The Link Performing Arts Society, including the terms and conditions set out in Table 2 of the discussion section of the staff report dated November 21, 2018, and otherwise acceptable to the Chief Administrative Officer.  

4. ADJOURNMENT