A11 ADMINISTRATIVE REPORT Date: November 4, 1996 TO: Vancouver City Council FROM: Director of Finance SUBJECT: 1997 Grant Installments RECOMMENDATION THAT installments be made to the following organizations, beginning January 1997, in advance of consideration of the individual 1997 operating grants : 1997 Installments Van Art Gallery Assoc $155,500 Monthly Van City Planning Comm 3,900 Monthly Van Museum Commission 25,200 Biweekly Van Maritime Museum Soc 10,600 Biweekly Pacific Space Centre Soc 17,700 Biweekly GENERAL MANAGER S COMMENTS The General Manager of Corporate Services RECOMMENDS approval of the foregoing. COUNCIL POLICY Council s policy is to provide installments of the operating grants to allow these organizations to meet their operating needs, in advance of consideration of their grant requests in the normal grant review process. BACKGROUND In past years, the City has disbursed operating grants to the Vancouver Art Gallery Association, Vancouver City Planning Commission, Vancouver Museum Commission, Vancouver Maritime Museum Society and Pacific Space Centre Society in installments throughout the year. Installments to the Vancouver Art Gallery Association and Vancouver City Planning Commission are paid monthly, while the other three organizations are paid biweekly. In each case, the installments are timed to meet the operating expenses of the organizations. - 2 - DISCUSSION This report recommends that installments be continued as in past years with payments commencing in January 1997, in advance of Council s consideration of the 1997 grant requests. The amounts of the installments are based on the 1996 operating grants as approved by Council. 1996 1997 Grant Installments Van Art Gallery Assoc $1,865,400 $155,500 monthly Van City Planning Comm 47,162 3,900 monthly Van Museum Commission 655,900 25,200 biweekly Van Maritime Museum Soc 276,000 10,600 biweekly Pacific Space Centre Soc 460,600 17,700 biweekly These disbursements are advances only. After Council considers funding level for these organizations as part of the normal grant review process, the installments will be adjusted to reflect Council s approvals for 1997. * * * * *