Staff will be returning to a future Finance and Audit Committee Meeting with a report regarding the request for a grant in aid from Growing Opportunities and include information pertaining to water rates in Agriculture Land Reserves.
The following recommendations will be going to Council for their consideration and endorsement:
That Council accept the 2021 Annual Financial Statements for the City of Nanaimo.
That Council support the City of Nanaimo’s bid to host the 2025 or 2026 55+ BC Games and that an expenditure of $60,000 cash and $55,000 of in-kind be committed if the Games are awarded.
That Council increase the budget for the Oliver Woods Community Centre sound system upgrade in 2022 from $41,001 to $83,400 with the additional $42,399 in funding from the Facility Development Reserve Fund.
That Council increase the budget for the Park Avenue Sanitary Sewer Upgrades project in 2022 from $1,109,110 to $1,504,381 with the additional $395,271 in funding from the Sewer Operating Reserve.
That the Finance and Audit Committee recommend that Council:
- Award a Permissive Tax Exemption for the 2022 taxation year to the Nanaimo Canadian Amateur Football Association for 6706 Dover Road; and
- Award a Permissive Tax Exemption Cash Grant with an approximate value of $890 for the 2022 taxation year for 6706 Dover Road.