Standing Committee on City Services & Budgets

STANDING COMMITTEE OF COUNCIL
ON CITY SERVICES AND BUDGETS

C O U N C I L DECISIONS

DATE: Thursday, July 22, 1999

TIME: 9:30 a.m.

PLACE: Committee Room No. 1

Third Floor, City Hall

FOR INFORMATION, PLEASE CONTACT TARJA TUOMINEN, 873-7191

Adoption of Minutes of June 24, 1999.

1. Bayshore Parkade Lease Proceeds Distribution File: 1203

A. THAT Council designate $650,000 of the lease prepayment funds received by the City from Caesar Park Hotels and Resorts Company Ltd. under the Bayshore Parkade Construction Modification Agreement for parks use by the Park Board.

B. THAT Council approve the development of the demonstration salmon stream in Stanley Park as a capital project to be funded by the lease payment.

C. That the remaining $100,000 of the prepaid lease payment be transferred to general City revenue.

D. That any funds generated by future lease negotiations, when the hotel re-development occurs, are to be allocated by City Council.

- CARRIED UNANIMOUSLY

2. Work Program of the Vancouver Economic Development File: 3143

Commission Pertaining to the Economic Revitalization

of the Downtown Eastside

A. THAT the status report, dated June 1999, on the Downtown Eastside Economic Revitalization Initiative be received for information.

B. THAT the following principles be adopted to guide the development of an Economic Revitalization Strategy for the Downtown Eastside:

- Build from within and involve those who already live and work in the area;
- Preserve and enhance the sense of community felt by residents of the Downtown Eastside and surrounding communities;
- Listen to those most affected;
- Improve the livability and safety of the Downtown Eastside for everyone; and
- Develop and implement a well understood plan that delivers results.

C. THAT the Vancouver Economic Development Commission (VEDC) be requested to take a lead role on behalf of the City in working with the three levels of government and the public to develop and begin implementation of a Downtown Eastside Economic Revitalization Strategy over the next eighteen months;

AND THAT $25,000 be allocated from Contingency Reserve for this purpose for the period July to December 1999;

AND FURTHER THAT the VEDC report back as part of its 2000 budget on its funding requirements to undertake this as a priority project.

D. THAT the VEDC be requested, in consultation with the three levels of government and the public, to prepare terms of reference for an Economic Capacity Study and other research needed to develop a Downtown Eastside Economic Revitalization Strategy and to report back on timing and funding requirements before October 1999.

- CARRIED UNANIMOUSLY

3. Tax Receipts for Charitable Donations File:

The report has been deferred to a future meeting.

4. Parking Corporation of Vancouver - 1999 Budget Review File: 1753

A. THAT Council receive for information, the summary of the Parking Corporation of Vancouver (VPC) 1998 Operating and Capital Actual Financial Figures, 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) 1999 Operating Budget, with the complete 1999 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) 1999 Capital Budget, totalling $179,650.00 to be funded by off-street parking revenues collected by the VPC.

- CARRIED UNANIMOUSLY

5. Capital Grant Request - Bridge Housing Society for Women File: 2005

A. THAT Council cancel the Capital Grant of $152,355 to Bridge Housing Society, approved on July 9, 1996.

B. THAT Council approve a Capital Grant of $152,355 to the Bridge Housing Society for Women to help fund the construction of a new facility for the Downtown Eastside Women’s Centre, in conjunction with the development of the Bridge Housing project. The source of funds for this grant is the City-owned Social Service Facilities component of the 1996 Basic Capital Budget, specifically the grant referred to in Recommendation A.

FURTHER THAT Council notes the approval of this larger than usual capital grant for a non city-owned building is not precedent setting and is in recognition of the uniqueness of the particular circumstances of this issue.

-CARRIEDBY THE REQUIRED MAJORITY

A Regular Council meeting was convened immediately following the Standing Committee meeting.

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REGULAR COUNCIL MEETING

A G E N D A

REPORTS OF COMMITTEES

I. Standing Committee of Council on City Services and Budgets

July 22, 1999

At its meeting immediately following the Standing Committee on City Services and Budgets, Vancouver City Council approved the recommendations of the Committee as set out in its report dated July 22, 1999.

The meeting adjourned at 11:40 a.m.

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