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AGENDA - Special Council - 20240227Town of Aurora Special Meeting of Council Agenda Date:Tuesday, February 27, 2024 Time:6 p.m. Location:Council Chambers, Aurora Town Hall Meetings are available to the public in person and via live stream on the Town’s YouTube channel. To participate, please visit aurora.ca/participation. Pages 1.Call to Order 2.Land Acknowledgement 3.Approval of the Agenda 4.Declarations of Pecuniary Interest and General Nature Thereof 5.Delegations 6.Consideration of Items Requiring Discussion 6.1 PDS24-028 - Aurora Economic Development Corporation Annual Report 2023 1 (Presentation to be provided by Mae Khamissa, Vice Chair, Aurora Economic Development Corporation) That Report No. PDS24-028 be received; and1. That the Aurora Economic Development Corporation’s Director’s Report attached hereto as Attachment 1 be received; and 2. That the requirements regarding the appointment and duties of the auditor be exempted for the financial year; and 3. That Council appoint the following individuals to the Aurora Economic Development Corporation (AEDC) Board of Directors for a term of three years: Tracy Smith; Sep Assadian; Bill Hogg; and Owen Heritage. 4. 7.Confirming By-law 7.1 By-law Number XXXX-24 - Being a By-law to confirm actions by Council 10 resulting from a Special Meeting of Council on February 27, 2024 8.Adjournment 100 John West Way Aurora, Ontario L4G 6J1 (905) 727-3123 aurora.ca Town of Aurora Council Report No. PDS24 -0 28 Subject: Aurora Economic Development Corporation Annual Report 2023 Prepared by: Lisa Hausz, Manager, Economic Development & Policy Department: Planning and Development Services Date: February 27, 2024 _ Recommendation 1. That Report No. PDS24-028 be received; and 2. That the Aurora Economic Development Corporation’s Director’s Report attached hereto as Attachment 1 be received; and 3. That the requirements regarding the appointment and duties of the auditor be exempted for the financial year; and 4. That Council appoint the following individuals to the Aurora Economic Development Corporation (AEDC) Board of Directors for a term of three years: Tracy Smith; Sep Assadian; Bill Hogg; and Owen Heritage. Executive Summary This report seeks Council’s approval of the Aurora Economic Development Corporation 2023’s Annual Report including receiving the Director’s Report and an election of four directors.  The Director’s report outlines all the achievements of the Aurora Economic Development Corporation for 2023.  The AEDC does not control any finances, it does not have any financial statements and is exempted from providing an auditor’s report.  The AEDC currently has four vacant board seats to appoint, pending Council approval. Page 1 of 10 February 27, 2024 2 of 5 Report No. PDS24-028 Background Council is the only shareholder of the corporation and Voting Member for the purposes of the annual meeting. According to both legislation and the operating by-law of the AEDC Corporation, being By-Law No.1, the following must be presented at the Annual General Meeting:  The report from the Directors  The Financial Statements  The Report of the Auditors  Election of the Board of Directors  Appointment of Auditors for the next year, if applicable Analysis The Director’s report outlines all the achievements of the Aurora Economic Development Corporation for 2023. The Director’s report outlines all the achievements of the Aurora Economic Development Corporation for 2023. The Chair of the AEDC, Marilee Harris, submitted a Chair’s report which has outlined the activities of the board over the past year (see Attachment 1 – 2023 AEDC’s Annual Chair’s Report). The AEDC does not control any finances, it does not have any financial statements and is exempted from providing an auditor’s report. As per legislation and their By-Law No. 1, the Board is required to present the audited financial statements of the Corporation, a report of the auditors and appoint next year’s auditor at each annual meeting. However, the Town’s Finance Department and the Town’s Auditor have reconfirmed that an audit and financial statements will not be required based upon the AEDC’s present financial situation as the AEDC does not control any financials. As long as the AEDC continues to not control any financials, it will not require an annual audit, nor generation of financial statements each year. However, it is required due to it corporation status to submit a tax return to the Canada Revenue Agency each year. Page 2 of 10 February 27, 2024 3 of 5 Report No. PDS24-028 The AEDC currently has four vacant board seats to appoint, pending Council approval. Currently there are four board vacancies on the AEDC Board of Directors following the term ending for four Directors. Following a public recruitment process, the AEDC Board of Directors are recommending the appointment of four candidates. In accordance with the Municipal Act, Council will be reviewing the candidates in a closed session meeting and the names will be made public once Council selects the new Board members. The three-year term of the new appointment will be effective starting February 28, 2024, the day after the Annual General Meeting of the Corporation. Advisory Committee Review None. Legal Considerations In general, annual meetings are to occur within 15 months after the previous annual meeting and no later than 6 months from the date of the last financial year. The financial year of the AEDC ends in mid-December. Further, since the AEDC does not control any account, the legislation permits Council to exempt the AEDC from the requirements of appointing auditors for the upcoming year. Financial Implications There are no financial considerations at this time. Communications Considerations Notice of AGM is required 10 days before the meeting date and will be issued by email and posted on the Town’s website. The members of the Board of Directors, and newly appointed member(s) will be added to the Town’s website. Climate Change Considerations The recommendations from this report do not impact greenhouse gas emissions or impact climate change adaptation. Page 3 of 10 February 27, 2024 4 of 5 Report No. PDS24-028 Link to Strategic Plan The ongoing work of the Aurora Economic Development Corporation, including the election of new Board members, supports the Strategic Plan by: enabling a diverse, creative and resilient economy; promoting economic opportunities that facilitate the growth of Aurora as a desirable place to do business; and creating, implementing and regularly updating a community wide Economic Development Strategic Plan. Alternative(s) to the Recommendation 1. That Council provide direction. Conclusions The Aurora Economic Development Corporation (AEDC) has prepared its annual report as required by both the legislation and By-Law No.1 of the AEDC bylaws for its Annual General Meeting. Since Council is the only shareholder in the Corporation, the annual general meeting may coincide with a Council meeting. Staff is recommending that Council approve the AEDC’s Annual Report for 2023, appointment the proposed candidates to serve a three-year term on the AEDC’s Board of Directors. Attachments Attachment 1 – 2023 AEDC’s Annual Chair’s Report Previous Reports Special Meeting of Council No. PDS23-055, dated April 25, 2023 Special Meeting of Council No. PDS22-063, dated April 26, 2022 Special Meeting of Council No. PDS21-060, dated May 25, 2021 Pre-submission Review Agenda Management Team review on February 15, 2024 Approvals Approved by Marco Ramunno, Director, Planning and Development Services Page 4 of 10 February 27, 2024 5 of 5 Report No. PDS24-028 Approved by Doug Nadorozny, Chief Administrative Officer Page 5 of 10 Aurora Economic Development Corporation’s 2023 Annual Report As Chairman of the Aurora Economic Development Corporation (AEDC), I would like to submit this report to the shareholders of the Corporation for our activities during 2023, our fifth year in existence. As such, I am pleased to share the many activities to date and provide a preview of upcoming plans. The activities included welcoming a new member to the Board in 2023. We also continued working with community stakeholders to develop and maintain an Economic Development Strategy for the Town of Aurora to guide economic development activities and investment over the short, medium and long-term. The 2019-2023 Economic Development Strategy and Implementation Matrix, approved by the AEDC and Council, includes detailed initiatives that address the four key areas of the Strategic Plan: 1.Targeting growth sectors and attracting new investment 2.Creating a competitive business environment 3.Establishing Downtown Aurora as a destination 4.Improving Quality of Life through Heritage, Arts, Culture, Tourism and Community Programming and initiatives planned/executed in 2021-2023: 31 main initiatives Programming and initiatives completed, ongoing or in progress: 29 (94%) Programming and initiatives not started* yet: 2 (6%) *Business Concierge and Downtown Parking Strategy initiatives are to be incorporated into the new Action Plan. Key Initiative Highlights: Produced materials and content to launch the Emerging Aurora campaign including: •Downtown Time Travel video •Downtown social media material •C-Suite/Business leaders video •Monthly Emerging Aurora advertising of business leaders/technology companies •Hosted first Emerging Aurora industry announcements/networking events •Participation in Collision Conference with York Region under the Emerging Aurora brand •Participation in Canadian Women in Cybersecurity events/Speaking engagements Attachment 1 Page 6 of 10 Facilitated Aurora Economic Development initiatives including: • Downtown research and market mix reporting • Target Sector Analysis Reporting • Target Sector Industry Roundtable sessions • Downtown visitor report • Downtown property owner roundtable sessions • Investment package update • Aurora.ca/Business website update • Marketing campaign/outreach to drive traffic to site • Employment Land report and updates • Sport Tourism Strategy participation • Partnership engagement (local, regional, national, and international) Other Support: • Launched Machell’s Alley as part of Downtown support during COVID • Supported Aurora Chamber of Commerce in COVID business support • Supported Aurora Chamber of Commerce in tourism support (Explore Aurora) • Facilitated Business Improvement Area initiatives, branding, and promotion • Facilitated line painting along Yonge Street to encourage visitors • Facilitated Patio Program as part of COVID business support • Facilitated new investment in the town (i.e. Addison Hall Business Park) • Conducted targeted business visitations, new business meetings • Supported several business events, entrepreneurs, and grand openings • Facilitated partner initiatives (i.e. Chamber’s Accelerate Business Recovery program, York Region’s Business Survey, York Region’s Economic Development Strategy, etc.) Economic Development Strategic Plan Update The current Economic Development Strategy was a detailed plan to drive actions through 2023. During 2023, the Economic Development Strategic Action Plan was updated, building on the core objectives and goals, and to develop a purpose-driven process for ongoing actions to drive results through 2030 and beyond. Highlights of the Action Plan include an overall purpose for economic development in Aurora, supported by four new Action Teams: Innovation, Local Business Support, Storytelling & Marketing, and Downtown. The intent is a fluid plan of tangible actions that align with the purpose. Purpose of Economic Development in Aurora: To lead, inspire and build ongoing, sustainable, and robust business growth in Aurora, which yields a vibrant, prosperous community of businesses, people and ecosystem. Innovation Action Team Purpose: To facilitate a culture of innovation and entrepreneurship in Aurora by Page 7 of 10 providing support for entrepreneurs to find connections and pathways for business growth. Actions for Q1: • Develop an ecosystem map/chart of ‘who does what’ for businesses in Aurora. • Identify the potential partners for the “Aurora Resource Alliance” (working name). • Draft parameters and plan for the first Resource Alliance event. • Host the next Emerging Aurora Target Sector Connection events. Local Business Support Action Team Purpose: To cultivate an inclusive ecosystem to support the growth of businesses located in Aurora. Actions for Q1: • Develop/refine current support initiatives. • Identify any gaps in service/support. • Develop and launch a local business support portal. • Identify potential delegations to provide opportunities for local businesses. Downtown Action Team Purpose: To facilitate the creation of a magical, distinct destination for businesses, residents and visitors that enhances Aurora’s culture, accessibility, and inclusivity. Actions for Q1: • Support and participate as part of the Project Team for the Town’s Streetscape project. • Facilitate and participate in consultation sessions for the Streetscape project. • Work with the Storytelling & Marketing Action Team to promote Downtown Aurora and the Streetscape project. • Other actions to be confirmed through the project as it moves forward. Storytelling and Marketing Action Team Purpose: To raise the profile of Aurora in the minds of businesses and residents, locally and beyond. Actions for Q1: • Create message map of current initiatives for Emerging Aurora. • Identify best tools/channels to build a go-to-market plan designed to grow a strong follower base for Emerging Aurora. • Update/redevelop a communications/marketing plan to identify and support the overall Action Plan and the individual Action Team items as they develop. • Identify promotion partners within the ecosystem to help spread the stories. Page 8 of 10 We also provide a critical advisory role in promoting economic growth and diversification in the Town of Aurora. Through the consultation process for the Economic Development Strategic Action Plan, tourism was discussed as part of the overall strategy. I am pleased to share that tourism will be addressed through related initiatives by the Action Teams, and to further support the future growth of tourism, sport and otherwise, along with ensuring collaboration, the Aurora Chamber of Commerce will continue its role in expanding Explore Aurora initiatives. Other initiatives as part of our advisory role will be included in key projects and initiatives the Town is undertaking to provide information and the voice of business. There are many great projects coming over the next couple of years, such as the Streetscape project, that will have short-term impacts with long-term benefits, generational benefits, that the Board would like to contribute to the consultation process. We also work with partners to strengthen and diversify existing business, attract new business and investment, and coordinate strategic economic development initiatives within the community. With the Town’s Economic Development team, we are once again leveraging the Emerging Aurora campaign to continue to highlight the many innovators and entrepreneurs in Aurora. The campaign is proving to be quite popular and a key element in our participation in the Collision event in Toronto the past two years. We plan to participate again in June 2024. This is the last year that this conference will be held in Toronto, but we look forward to maintaining existing and forging new relationships within innovative circles. 2023 was another busy year for the Board, staff, and partners. We are excited to move into the many actions of the updated Economic Development Strategic Action Plan. The Emerging Aurora brand will continue to expand, and new events and initiatives will be brought forward. It is an exciting time as we bring many ideas to reality. On behalf of the Board, I wanted to make a special mention as we welcome new Board members this year, that our goal in creating this corporation was to attract strong leaders to be Aurora’s voice of business. And lastly, to our Board Members leaving the official role on the Board, but will continue to support our efforts, their contribution has been extremely valuable. Thank you for your commitment, time, insights and leadership. As always, we appreciate Council’s support in our efforts to encourage growth of the local economy. Marilee Harris, Chair Aurora Economic Development Corporation Page 9 of 10 The Corporation of The Town of Aurora By-law Number XXXX-24 Being a By-law to confirm actions by Council resulting from a Special Meeting of Council on February 27, 2024. The Council of the Corporation of The Town of Aurora hereby enacts as follows: 1. That the actions by Council at its Special Meeting of Council held on February 27, 2024, in respect of each motion, resolution and other action passed and taken by the Council at the said meeting is hereby adopted, ratified and confirmed. 2. That the Mayor and the proper officers of the Town are hereby authorized and directed to do all things necessary to give effect to the said action or to obtain approvals where required and to execute all documents as may be necessary in that behalf and the Clerk is hereby authorized and directed to affix the corporate seal to all such documents. Enacted by Town of Aurora Council this 27th day of February, 2024. Tom Mrakas, Mayor Michael de Rond, Town Clerk Page 10 of 10