FINANCIAL SERVICES
   Corporate Services Group

   Inter-Office Correspondence

   19 September 1996

   MEMO TO:       Mayor Philip Owen and Members of Council

   COPIES TO:     Maria Kinsella, City Clerk
                  Ken Dobell, City Manager
                  Vic Kondrosky, General Manager of Park Board

   FROM:          Hugh Creighton, Director of Finance

   SUBJECT:       1997-99 Capital Plan - Parks


   In the Council package which Council will consider on Tuesday, there is
   a recommendation from the Director of Finance for approval of the
   1997-99 Capital Plan, as detailed in the Appendix A to the report, and
   subject to other changes which Council may wish to make on Tuesday.

   In the detail set out in the Appendix, there is the breakdown of the
   projects proposed by the Park Board within their allotted $24.5 million. 
   On September 16, 1996, the Park Board made certain reallocations within
   their overall budget.  The details of the changes, and the revised Plan,
   are attached* to this memo.

   In order for these changes to be reflected in the Plan which Council
   will approve on Tuesday, it would be appropriate to add the following to
   Recommendation in the Director of Finance's report, following after the
   words "as set out in Appendix A":

             and as modified by the Park Board at their meeting
             on September 16, 1996,

   I apologize for this last minute change, and I will be in Council to
   answer questions should there be any uncertainty about this change.

   Hugh Creighton
   Director of Finance

   *on file in City Clerk's Office