Motion To: WHEREAS on March 5, 2019 the Finance and Economic Development Committee approved a motion to reduce the one-time funding contribution from the City’s Tax Rate Stabilization Reserve Fund to the Ottawa Police Services by $2.4M, and accordingly allocate $2 million to Affordable Housing and $395,000 to Cultural and Recreation Community grants (as set out in Item 4 on Council’s Roadmap Motion for Consideration of the 2019 Budget); and WHEREAS the amount to be allocated to for Cultural and Recreation Community grants was intended to be $400,000, which when added to the $2 Million for Affordable housing adds up to the $2.4 Million now available from the Reserve; THEREFORE BE IT RESOLVED the Finance and Economic Development Committee Recommendation (Item 4 on the Roadmap Motion) be amended to replace $395,0000 with $400,000.
Absent/RecusedG. Darouze (a)
J. Watson (a)
T. Nussbaum (a)
Vote recorded from City Council on 2019-03-06 regarding agenda item 2019 DRAFT OPERATING AND CAPITAL BUDGET - FINANCE AND ECONOMIC DEVELOPMENT COMMITTEE.