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AGENDA - Special General Committee - 20080331SPECIAL GENERAL COMMITTEE AGENDA N0. 0846 MONDAY, MARCN 31, 2008 7:00 I'M COUNCIL CHAMBERS AURORA TOWN NALL PUBLIC RELEASE 28/03/08 Autos A TOWN OF AURORA SPECIAL GENERAL COMMITTEE BUDGET MEETING AGENDA NO. 08-16 Monday March 31, 2008 Council Chambers 7:00 p.m. Mayor Morris in the Chair I DECLARATIONS OF PECUNIARY INTEREST 11 APPROVAL OF AGENDA RECOMMENDED: THAT the content of the agenda as circulated by the Corporate Services Department be approved as presented. /if DELEGATIONS None IV CONSIDERATION OF ITEMS REQUIRING SEPARATE DISCUSSION V ADJOURNMENT Special General Committee Budget Meeting No. 08-16 Page 2 of 3 Monday, March 31, 2008 AGENDA ITEM 1. Memorandum from the Financial Analyst/Budget Co-ordinator pg. 1 Re: Aurora Heritage Centre — Cultural Spaces Federal Grant Program RECOMMENDED: THAT Council confirm which HVAC system is to be included in the Aurora Heritage Centre renovations; and THAT Council approve funding of $82,890 from the church Street School Reserve to be applied to the Aurora Heritage Centre renovations (capital project #72059); and THAT Council approve the additional funding requirements as identified in the financial summary chart, including any changes made to the chart during this meeting; and THAT the required funding be taken from the Municipal Capital Reserve until such time that Council can give notice and hold a vote to take the funding from the Council Discretionary Reserve. 2. LS08-016 — Aurora Heritage Centre pg. 9 RECOMMENDED: THAT Council provide direction to staff on what additional components of the Aurora Heritage. Centre Project they would like undertaken at this time; and THAT any additional funds required to complete the additional projects be taken from the Council Discretionary Reserve Fund; and THAT staff take appropriate action to advertise the use of the Council Discretionary Reserve Fund as per the policy established by Council. 3. Canada Day Parade — 2006 Expense Breakdown and Proposed pg. 89 2008 Budget RECOMMENDED: THAT the proposed 2008 Budget for the Canada Day Parade be approved. Special General Committee Budget Meeting No. 08-16 Page 3 of 3 Monday, March 31, 2008 4. Memorandum from the Director of Finance/Treasurer pg. 95 Re: Library Board RECOMMENDED: THAT.the memo regarding the Library Board be received for information. 5. Memorandum from the Chief Administrative Officer pg. 97 Re: Calendar of Staff Initiative Events — 2007 and Preliminary Calendar - 2008 RECOMMENDED: THAT the Calendar of Staff Initiative Events — 2007 and Preliminary Calendar — 2008 be received for information. 6. Memorandum from the Chief Administrative Officer pg. 101 Re: Staff Justifications — Economic Development Division RECOMMENDED: THAT Memorandum from the Chief Administrative Officer entitled Staff Justifications — Economic Development Division be received for information AUK YoWm 1t good coaecpajT MEMORANDUM Date: March 27, 2008 To: Mayor and Members of Council Name of Division Financial Services From: Laura Sheardown, Financial Analyst/ Budget Co-ordinator Re: Aurora Heritage Centre — Cultural Spaces Federal Grant Program On Monday, March 24t", Council approved the signing of the funding agreement for the Cultural Spaces Federal Grant program, with some requested changes to the funding breakdown schedule. The changes have now been accepted by the Department of Canadian Heritage and the signed agreement has been submitted. Changes to the Cultural Spaces Federal Grant program Agreement For your information, I have attached a copy of the agreement pages that were changed (Attachment 1) and will provide a brief explanation of the changes: - Page 3of16 -'purchase and installation of fire and safety alarms' was removed from the "Description of the Recipient's Project Activities". - the paragraph above"Specific Conditions related to the Cultural Spaces Program" has been tweaked to reflect an emphasis on cultural activities more -so than partnerships and corporate sponsors. Page 4 and 5 of 16 - Annex A — Project Revenues and Expenses reflect the latest revised budget and cash flow reporting. Page 6 of 16 - Annex B — 1.2 — the Department of Canadian Heritage will reimburse the Town of Aurora $170,210 in 07/08 and $579,790 in 08/09 (Please note that these are federal fiscal years and we anticipate all of the funding to be received during our fiscal year 2008. - Page 7 of 16 - Annex B — 6.1.2 — reporting tables have been updated to reflect the revised reporting periods and first reporting deadline of March 27, 2008 -1- �- AuRoRA yoWm!�good,coy, - Page 8 of 16 - Annex B — 7.2 — "Audited Financial Report" has been changed to "Certified Financial Report". This change means that the final financial report can be certified internally by a professional accountant who is a member in good standing of one of the following professional associations: CA, CGA, CMA. - Page 9of16 - There are no changes to the wording on this page, but because the spacing changed on page 8 of 16, this one has also changed slightly. Decisions Still to be Made for the Aurora Heritage Centre Council requested changes to the proposed financial summary chart (Attachment 2) which have been included in the funding agreement. Please note that there are still a few decisions that must be made with regards to the Aurora Heritage Centre project. The decision as to what type of HVAC system will be purchased and installed is still to be decided by Council. In the current financial summary chart there is sufficient funding to proceed with the Base Case 2 model of HVAC system. If Council decides to proceed with a geothermal system, additional funds of $400,328 will not only need to be added to the expenditure budget, but an offsetting revenue source will also have to be identified. Proposed Recommendation "That Council confirm which HVAC system is to be included in the Aurora Heritage Centre renovations." Council does still have some flexibility with, regards to which items remain part of the project, but there are some items that cannot be entirely eliminated as they are clearly identified with Annex A of the agreement. These items include: - purchase and installation of HVAC; - purchase/construction of storage and display cabinets; - purchase and installation of display hanging rails and exhibit lighting; - purchase and installation of inner storm windows; - purchase and installation of light -controlled window coverings. Although these items cannot be eliminated completely from the scope of the project, Council does have some flexibility in how much work is included for each of these. categories. Currently there is a suggestion from the Treasurer that funding of $82,890 be approved from the Church Street School reserve to fund the additional costs of this project. This is still only a recommendation from the Treasurer and must still be approved by Council. If this funding is taken from that reserve, it will bring that reserve to a zero balance. (Attachment 3) -2- AURORA .youlm!t good Cowper y Propose Recommendation "That Council approve funding of $82,890 from the Church Street School Reserve to be applied to the Aurora Heritage Centre renovations (capital project #72059)." With the requested changes to the proposed financial summary and the funding from not only the Church Street School reserve, but also the other sources identified it bring the project to a current funding shortfall of $59,541 as reported in the Cultural Spaces Federal Grant program. Total Proposed Expenditures $3,577,931 Town of Aurora — approved funding 2,510,500 Church St School Reserve — proposed 82,890 Cultural Spaces Grant 750,000 Estate of Margaret Brevik 155,000 Belinda Stronach Donation 5,000 Aurora Historical Society 15,000 Funding Shortfall $ 59,541 Please note that. depending on whatever changes Council chooses to make to the proposed budget for this project, additional funding needs will be in addition to the current shortfall of $59,541. It is recommended by the Treasurer that any additional funding requirements for the Aurora Heritage Centre renovations be funded from the Council Discretionary Reserve. Please note that in order for this funding source to be approved Council would be required to advertise 14 days in advance of your meeting and 2/3 of the members of Council will have to vote in favour. In order to allow the 2008 Operating and Capital Budget process to proceed without delay, it is recommended that the required funding be taken from the Municipal Capital reserve until such time that Council can hold a vote to use funding from the Council Discretionary Reserve. Proposed Recommendation "That Council approve the additional funding requirements as identified in the financial summary chart, including any changes made to the chart during this meeting. That the required funding be taken from the Municipal Capital Reserve until such time that Council can give notice and hold a vote to take the funding `froKra.the C i 7crb-tionary Reserve." Larak�ear /n,Analyst/Budget Co-ordinator -Ext. 4119 Att. —3— Aunt-oizA EXTRACT FROM SPECIAL COUNCIL MEETING NO. 08-07 HELD MONDAY, MARCH 24, 2008 111 READING OF BY-LAWS Moved by Councillor Marsh Seconded by Councillor Buck THAT the following by-laws be given 1st, 2nd and 3rd readings, and enacted: 5014-08.F BEING A BY-LAW to authorize the Mayor and Clerk to execute a Contribution Agreement with the Minister of Canadian Heritage for funding under the Cultural Spaces Canada - Grant Program. (Capital Project No..72059 - Aurora Heritage Centre - 22 Church Street) AMENDMENT: Upon the question of the adoption of the resolution, it was: Moved by Councillor Marsh Seconded by Councillor Wilson THAT staff adjust the figures on Annex A and Annex B of the Contribution Agreement for funding under the Cultural Spaces Canada - Grant Program to match what was approved at the Special General Committee held on March 24, 2008. CARRIED The main motion was CARRIED AS AMENDED CORRESPONDENCE SENT BY: ACTION DEPT.: Leisure Services, Financial Services INFO DEPT.: Legal, CAO -4- 26-Mar-2008 06:57pm From -Canadian Heritage - Ontario Region +416 954 4515 ANNEX A PROJECT DESCRIPTION, SPECIFIC ( AND BUDGET The Corporation f the Town of Aurora (Aurora) will renovate a provincial'. known as the Ch rch Street School (Centre) into a new heritage centre. The levels of the Centre, (19,574 square feet); purchase and installation of Il display cabinets; urchase and installation of display hanging rails and exhit inner storm windows; and, purchase and installation of light -controlled wine include: three rooms for preservation of the historical society's artifact and z professionally curated exhibits; and additional performance, research and mi Increase numbe of cultural facilities and improved infrastructures. Renovation f a 19,574 square foot provincially designated historical site spaces, three�archival storage spaces as well as additional performance, r a Increase accessibility for Canadians to visual arts and to museum Coll exhibitions. The facility will be the first municipally -owned and operated cultural develop Aurora's arts and heritage activities. Based on the multi-disi o theCentre is well positioned to attract different audiences; a o provide increased access to artifacts and archival materials. E111Aaa4e the yu lily and standards urcullural raciligcs and iu fraslru • Installat on of HVAC; installation of inner storm windows; and, coverm s; and • Improve facilities for presentations and exhibitions as well as a T-087 P.004/017 F-150 )ric site in the downtown core, jeer involves: renovation of all three urchase/construction of storage and ghting; purchase and installation of coverings. The new Centre will Ival collection; three galleries for purpose spaces. ng in three gallery exhibition and multi -purpose spaces. heritage displays and in Aurora and will initiate and nature of the facility: of light -controlled window preservation and storage. Results will be m0sured by the number of additional cultural activities, exhi pions and presentations that the Canadian public ill have access to. The organization will increase revenues for these activities through partnerships and 6orporate sponsors. Audience attendance numbers will also e tracked. I Insurance The Recipient shall place and maintain, at the Recipient's own expense, an ad puatc amount of insurance for capital assets purchased :hrough this Agreement, with Her Majesty the Queen in Rigi t of Canada being the loss payee, with respect to the amount of funding received under the Agreement. The insurancy ',stipulation contained herein shall not limit any insurance required by federal, provincial or municipal law. The requ'ted insurance is to the benefit and protection of the lccipicnt and of IIer Majesty and shall not be deemed Lo rol asc u1 diminish the Reeipi VUL's liability in any manner including as may be referenced elsewhere by the provi Ions of this Agreement. 2 Provincial ad Municipal requirements The recipient agr es to adhere to all federal and provincial environmental and safety standa ds associated with this project. 3 Stacking In the event that tal government assistance exceeds 100% of the eligible Recipient agrees to repay the Crown up to the amount of the federal contr exeeeding the. Mt 1 government aSRktnnCe. limit will he ralrulated on a pr( assistance received towards the same eligible expenses). and provincial/municipal fire inses at the end of the project, the }n. The repayment of any amount �d hnsis (based on total government File #: 1210-73-1* Vol. 1 Page 3 of 16 553894 26-Mar-2008 06:59pm From -Canadian Heritage - Ontario Region +416 954 4515 T-087 P.005/017 F-150 Budget Breakd wn and Eligible Expenditures Revenues: Source of Funding Amount Federal (specify) Cultural Spaces Canada $750,000 Public Sector rovince/Territory (specify) Municipal (specify) Corporation of the Town of Aur to $2,510,500 Town of Aurora Church Street Re erve $82,890 Private In Jividual Bequest $155,000 Sector (specify) Aurora Historical Society $15,000 In Jividual donation $5,000 Shortfall $59,541 TOTAL REVENUES $3,577,931