Agenda Index City of Vancouver

STANDING COMMITTEE OF COUNCIL
ON CITY SERVICES AND BUDGETS

C O U N C I L DECISIONS

For information, please contact Denise Salmon at 873-7269

1. 2000 Operating Budget - Final Report File: 1605

THAT Council approve the final 2000 Operating Budget revenue and expenditure estimates as outlined in the Administrative Report dated April 29, 2000, and summarized in Appendix 1 by approving the budget resolution attached as Appendix 2.

2. 1999 Financial Statements File: 1503

THAT Council receive for information the City of Vancouver 1999 Financial Statements for the year December 31, 1999.

3. Reconsideration of Community Services Grants Applications File: 2151

A. THAT Council approve a grant of $15,000 to the Adult Learning Development Association (ALDA), with $7,500 of this amount coming from the allocation originally recommended, but not approved, for this organization and the remaining $7,500 coming from the Emergencies and Unforeseen Circumstances Reserve established by Council on March 28, 2000. Approval of this grant will leave a balance of $3,640 in the Reserve;

4. Tourism Vancouver 2000 Business Plan/2% Hotel Tax File: 6008

A. THAT Council approve the portion of the Greater Vancouver Convention and Visitors Bureau (Tourism Vancouver's) 2000 Business Plan funded by the 2% Hotel Tax, and that the 2% Hotel Tax payments received by the City for the

B. THAT Council request a comprehensive review and presentation from Tourism Vancouver, to be scheduled in June 2000. The review should include the following: Tourism Vancouver's long-term strategic priorities, activities carried out by the organization, projected growth of Hotel Tax revenues and projected future of the tourism industry and hotel stock, Tourism Vancouver's future plans for the revenues, and accountability and performance measures used by the organization.

5. 2000 Property Tax Options File: 1551

THAT Council approve a shift in the tax burden equal to approximately 1% of the 2000 general purposes tax levy (approximately $3.69 million), proportionately from Class 2 (utilities), Class 4 (major industrial), Class 5 (light industrial) and Class 6 (business/other) to Class 1 (residential) properties.

6. Parking Corporation of Vancouver - 2000 Budget Review File: 1753

A. THAT Council receive for information, the summary of the Parking Corporation of Vancouver (VPC) 1999 Operating and Capital Actual FinancialFigures, with the Audited Financial Statements available through the offices of the General Managers of Engineering and Corporate Services.

B. THAT Council receive for information the summary of the Parking Corporation of Vancouver (VPC) 2000 Operating Budget, with the complete 2000 Operating Budget available through the offices of the General Managers of Engineering and Corporate Services.

C. THAT Council approve the Parking Corporation of Vancouver (VPC) 2000 Capital Budget, to be funded by off-street parking revenues collected by the VPC as follows:

D. THAT Council approve in principle the Parking Corporation of Vancouver (VPC) 2000 Marketing and Communications Plan and conditionally approve the initial budget of $150,000 to be funded by off-street parking revenues collected by the VPC, subject to review and approval of the financial projections, the financial arrangements, the specific contract details, and the implications of the City's Corporate Sponsorship Policies, all to the satisfaction of the General Managers of Engineering and Corporate Services.

E. THAT consideration of the following be postponed to a future meeting of Council to allow staff to report back on outstanding issues raised this day:

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