File #: 19-A-059    Version: 1 Name:
Type: Direct Motion Status: Carried
File created: 5/9/2019 In control: City Council
On agenda: 5/13/2019 Final action: 5/13/2019
Title: INVESTMENT OPPORTUNITIES AT THE LAKE SIMCOE REGIONAL AIRPORT (LSRA) Moved by: Deputy Mayor, B. Ward Seconded by: Councillor, R. Thomson That in response to the investment opportunities at the Lake Simcoe Regional Airport (LSRA) and their associated timelines and key infrastructure requirements, staff report back to General Committee with a financing model in consultation with the other LSRA shareholders that contemplates: a) Cost sharing between shareholders, including dilution of City's shares in the LSRA; and b) Appropriate funding sources, including pursuing opportunities for financial support from other levels of Government.
Attachments: 1. A1 190513 LSRA - Business Opportunities and Infrastructure.pdf

Title

INVESTMENT OPPORTUNITIES AT THE LAKE SIMCOE REGIONAL AIRPORT (LSRA)

 

Moved by:                     Deputy Mayor, B. Ward

Seconded by:                     Councillor, R. Thomson

 

That in response to the investment opportunities at the Lake Simcoe Regional Airport (LSRA) and their associated timelines and key infrastructure requirements, staff report back to General Committee with a financing model in consultation with the other LSRA shareholders that contemplates:

 

a)                     Cost sharing between shareholders, including dilution of City’s shares in the LSRA; and

 

b)                     Appropriate funding sources, including pursuing opportunities for financial support from other levels of Government.