ADMINISTRATIVE REPORT
Date: January 8, 1998
Author/Local:H.Creighton/2156
CC File No. 2051
TO:
City Council
FROM:
Director of Finance
SUBJECT:
1998 Grant Installments
RECOMMENDATION
THAT installments be made to the following organizations, beginning January 1998, in advance of consideration of the individual 1998 operating grants:
1998 Installments
Van Art Gallery Association $151,100 monthly Van City Planning Commission 3,900 monthly Van Museum Commission 24,000 biweekly
Van Maritime Museum Society 10,100 biweekly Pacific Space Centre Society 16,860 biweekly
GENERAL MANAGERS COMMENTS
The General Manager of Corporate Services RECOMMENDS approval of the foregoing.
COUNCIL POLICY
Councils 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.
DISCUSSION
This report recommends that installments be continued as in past years with payments commencing in January, 1998, in advance of Councils consideration of the 1998 grant requests.
1997 Installments 1998 Installments
Van Art Gallery Association $155,500 monthly $151,100 monthly
Van City Planning Commission 3,900 monthly 3,900 monthly
Van Museum Commission 25,200 biweekly 24,000 biweekly
Van Maritime Museum Society 10,600 biweekly 10,100 biweekly
Pacific Space Centre Society 17,700 biweekly 16,860 biweekly
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(c) 1997 City of Vancouver