Title:
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FUNDING ADJUSTMENTS FOR THE WATERFRONT 2020 PLAN INCLUDING BAYVIEW PARK, MEMORIAL SQUARE PARK, CENTENNIAL BEACH PARK, AND THE MILITARY HERITAGE PARK
That funding in the amount of $125,000 as identified in Appendix “A” to Staff Report ENG003-10 for the Waterfront 2020 Plan be adjusted as follows:
a) An increased draw from the Tax Capital Reserve (Account #13-04-0440) in the amount of $81,225;
b) A reduced draw from the Development Charge Reserve (Account #11-05-0555) in the amount of $31,225; and
c) Eliminate the debt financing in the amount of $50,000. (ENG003-10) (File: R04-WA)
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